ISLAND PARK
Residential Market
Median Price
RM 1,320,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 2,800,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
29 properties
Median Price
RM 1,175,000
-4.0% CAGR
Median PSF
RM 681.50
-1.9% CAGR
Double Storey Semi-D
21 properties
Median Price
RM 2,570,000
-6.4% CAGR
Median PSF
RM 625.00
-8.3% CAGR
Double Storey Shop
1 properties
Median Price
RM 2,800,000
Median PSF
RM 679.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 29 |
RM 1,175,000
±75K MAD
|
-4.00% |
RM 681.50
±16 MAD
|
-1.94% | |
| Double Storey Semi-D | 21 |
RM 2,570,000
±340K MAD
|
-6.41% |
RM 625.00
±75 MAD
|
-8.34% | |
| Double Storey Shop | 1 |
RM 2,800,000
|
- |
RM 679.00
|
- |
ISLAND PARK in Timur Laut, Penang recorded 19 subsale transactions in 2023, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 644.
This area contains both residential and commercial properties. View 50 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 RM 1.32 million, with most transactions falling within a stable range of RM 995K to RM 2.04 million, and a typical market range of RM 995K to RM 1.91 million.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 644, with core pricing between RM 524 and RM 764. Market pricing typically extends from RM 558.25 to RM 729.75, reflecting moderate variation in unit pricing. The spread of RM 171.50 (IQR) and deviation of RM 120 (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.
Filter by type, year, price, and size
Transactions
19 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN TEMBAGA
|
RM 1,030,000
|
RM 719.00
|
1,432 sqft
|
Jun 2023
|
|
|
JALAN TEMBAGA
|
RM 995,000
|
RM 695.00
|
1,432 sqft
|
Jan 2023
|
|
TINGKAT BESI
|
RM 995,000
|
RM 666.00
|
1,495 sqft
|
Oct 2023
|
|
SOLOK TEMBAGA SATU
|
RM 1,200,000
|
RM 750.00
|
1,599 sqft
|
Dec 2023
|
|
|
TKT BESI 2
|
RM 1,035,000
|
RM 644.00
|
1,607 sqft
|
Aug 2023
|
|
TINGKAT BESI
|
RM 1,200,000
|
RM 728.00
|
1,649 sqft
|
Oct 2023
|
|
SOLOK GANGSA SATU
|
RM 1,300,000
|
RM 760.00
|
1,711 sqft
|
Apr 2023
|
|
SOLOK TEMBAGA 3
|
RM 1,150,000
|
RM 644.00
|
1,786 sqft
|
Feb 2023
|
|
LORONG TEMBAGA
|
RM 1,280,000
|
RM 668.00
|
1,916 sqft
|
Jan 2023
|
|
MEDAN TEMBAGA T S 5
|
RM 1,320,000
|
RM 587.00
|
2,250 sqft
|
Oct 2023
|
|
LEBUHRAYA MAS
|
RM 1,700,000
|
RM 566.00
|
3,006 sqft
|
Apr 2023
|
|
SOLOK TEMBAGA 2
|
RM 1,600,000
|
RM 519.00
|
3,083 sqft
|
Jun 2023
|
|
MEDAN TEMBAGA
|
RM 1,800,000
|
RM 561.00
|
3,208 sqft
|
Aug 2023
|
|
PERSIARAN BESI
|
RM 1,800,000
|
RM 538.00
|
3,345 sqft
|
Mar 2023
|
|
SOLOK BESI
|
RM 1,820,000
|
RM 492.00
|
3,703 sqft
|
Jan 2023
|
|
JLN MASJID NEGERI
|
RM 3,600,000
|
RM 901.00
|
3,994 sqft
|
May 2023
|
|
JLN MESJID NEGERI
|
RM 2,600,000
|
RM 578.00
|
4,496 sqft
|
Apr 2023
|
|
JLN TEMBAGA
|
RM 2,800,000
|
RM 565.00
|
4,955 sqft
|
Dec 2023
|
|
MEDAN TEMBAGA
|
RM 2,650,000
|
RM 338.00
|
7,841 sqft
|
Mar 2023
|