Island Park

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

Property Transactions

5 subsales found

Median
RM1,280,000
PSF
RM597
Price Size
Period
transactions middle 50% (P25–P75)
RM1,280,000
Tkt Besi
1,518 sqft RM843 PSF
RM880,000
Lengkok Tembaga
1,475 sqft RM597 PSF
RM1,500,000
Jalan Besi
3,335 sqft RM450 PSF
RM2,000,000
Pesiaran Tembaga
3,917 sqft RM511 PSF
RM1,180,000
Tkt Besi
1,550 sqft RM761 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,280,000.

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Market Snapshot

Residential

RM1,280,000

RM597 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 5 subsale transactions in 2025, with a median price of RM1.28 million and a median price per square foot (PSF) of RM597.

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 RM1.28 million, with most transactions falling within a stable range of RM906K to RM1.65 million, and a typical market range of RM880K to RM1.84 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 RM597, though individual units vary from RM448 to RM745 in the core range. The broader market spans RM509.50 to RM684.00, indicating diverse property characteristics. The spread of RM174.50 (IQR) and deviation of RM149 (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.