Island Park

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

Property Transactions

2 subsales grouped by size

Median
RM1,200,000
PSF
RM1,032
Price Size
Period
transactions middle 50% (P25–P75)
1,150 sqft
2-Sty Terrace
RM1,200,000
Solok Tembaga Satu
1,163 sqft · RM1,032 PSF
RM1,200,000
Solok Tembaga 2
1,163 sqft · RM1,032 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,200,000

RM1,032 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 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM1.20 million and a median price per square foot (PSF) of RM1,032.

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.

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

For price per square foot, the median is RM1,032, with most transactions between RM1,032 and RM1,032. The usual range is RM945.01 to RM1,119.51, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.

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.