Island Park

30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

15 subsales found

Median
RM1,150,000
PSF
RM631
Price Size
Period
transactions middle 50% (P25–P75)
RM2,330,000
Jalan Tembaga
5,108 sqft RM456 PSF
RM2,100,000
Jalan Besi
3,494 sqft RM601 PSF
RM950,000
Changkat Tembaga
1,636 sqft RM581 PSF
RM1,050,000
Solok Tembaga 3
1,776 sqft RM591 PSF
RM1,100,000
Lorong Tembaga
1,324 sqft RM831 PSF
RM1,200,000
Changkat Tembaga
1,636 sqft RM733 PSF
RM2,360,000
Lebuhraya Tembaga
4,391 sqft RM537 PSF
RM960,000
Jalan Besi
1,464 sqft RM656 PSF
RM2,250,000
Jalan Tembaga
5,831 sqft RM386 PSF
RM2,250,000
Tingkat Tembaga
2,794 sqft RM805 PSF
RM1,000,000
Jalan Tembaga
1,615 sqft RM619 PSF
RM1,150,000
Lintang Mas
1,690 sqft RM681 PSF
RM930,000
Lengkok Tembaga
1,475 sqft RM631 PSF
RM1,200,000
Solok Tembaga 2
1,163 sqft RM1,032 PSF
RM1,050,000
Lebuhraya Besi
1,604 sqft RM655 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,150,000.

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Market Snapshot

Residential

RM1,150,000

RM631 psf

Median transaction price

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30, Jalan Besi, Island Park, 11600 George Town, Pulau Pinang, Malaysia

Maps

Island Park in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM1.15 million and a median price per square foot (PSF) of RM631.

This area contains both residential and commercial properties. View 55 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.15 million, with most transactions falling within a stable range of RM930K to RM1.72 million, and a typical market range of RM930K to RM1.71 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM631, though individual units vary from RM479 to RM782 in the core range. The broader market spans RM543.40 to RM717.90, indicating diverse property characteristics. The spread of RM174.50 (IQR) and deviation of RM151 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.