Island Park

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

Property Transactions

19 subsales grouped by size

Median
RM1,320,000
PSF
RM578
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
1,350 sqft
2-Sty Terrace
RM1,280,000
Lorong Tembaga
1,367 sqft · RM936 PSF
1,400 sqft
2-Sty Terrace
RM1,600,000
Solok Tembaga 2
1,421 sqft · RM1,126 PSF
1,450 sqft
2-Sty Terrace
RM995,000
Jalan Tembaga
1,464 sqft · RM680 PSF
1,550 sqft
2-Sty Terrace
RM1,035,000
Tkt Besi 2
1,539 sqft · RM672 PSF
1,650 sqft
2-Sty Terrace
RM1,320,000
Medan Tembaga T S 5
1,647 sqft · RM802 PSF
1,700 sqft
2-Sty Terrace
RM995,000
Tingkat Besi
1,701 sqft · RM585 PSF
RM1,200,000
Tingkat Besi
1,679 sqft · RM715 PSF
1,800 sqft
2-Sty Terrace
RM1,030,000
Jalan Tembaga
1,808 sqft · RM570 PSF
2,200 sqft
2-Sty Terrace
RM1,150,000
Solok Tembaga 3
2,196 sqft · RM524 PSF
2,550 sqft
2-Sty Terrace
RM1,300,000
Solok Gangsa Satu
2,551 sqft · RM510 PSF
3,000 sqft
Semi-D
RM1,700,000
Lebuhraya Mas
3,006 sqft · RM566 PSF
3,200 sqft
Semi-D
RM1,800,000
Medan Tembaga
3,208 sqft · RM561 PSF
3,350 sqft
Semi-D
RM1,800,000
Persiaran Besi
3,345 sqft · RM538 PSF
3,700 sqft
Semi-D
RM1,820,000
Solok Besi
3,703 sqft · RM492 PSF
4,000 sqft
Semi-D
RM3,600,000
Jalan Masjid Negeri
3,994 sqft · RM901 PSF
4,500 sqft
Semi-D
RM2,600,000
Jalan Mesjid Negeri
4,496 sqft · RM578 PSF
4,950 sqft
Semi-D
RM2,800,000
Jalan Tembaga
4,955 sqft · RM565 PSF
7,850 sqft
Semi-D
RM2,650,000
Medan Tembaga
7,841 sqft · RM338 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,320,000.

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Market Snapshot

Residential

RM1,320,000

RM578 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 19 subsale transactions in 2023, with a median price of RM1.32 million and a median price per square foot (PSF) of RM578.

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 RM1.32 million, with most transactions falling within a stable range of RM995K to RM2.04 million, and a typical market range of RM995K to RM1.88 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 RM578, though individual units vary from RM380 to RM777 in the core range. The broader market spans RM491.06 to RM665.56, indicating diverse property characteristics. A wider spread (IQR: RM174.50) and deviation (MAD: RM199) indicate significant PSF variations, likely due to diverse property types or conditions.

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.