Island Park

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

Property Transactions

12 subsales grouped by size

Median
RM1,812,500
PSF
RM736
Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
2-Sty Terrace
RM1,180,000
Solok Tembaga
1,378 sqft · RM856 PSF
1,550 sqft
2-Sty Terrace
RM1,460,000
Medan Tembaga
1,528 sqft · RM955 PSF
1,600 sqft
2-Sty Terrace
RM1,050,000
Jalan Tembaga
1,615 sqft · RM650 PSF
1,650 sqft
2-Sty Terrace
RM1,140,000
Tingkat Besi
1,658 sqft · RM688 PSF
1,700 sqft
2-Sty Terrace
RM1,150,000
Tingkat Besi
1,679 sqft · RM685 PSF
2,050 sqft
2-Sty Shop
RM2,800,000
Jalan Mas
2,045 sqft · RM1,369 PSF
3,050 sqft
Semi-D
RM1,800,000
Pesiaran Besi
3,049 sqft · RM590 PSF
3,100 sqft
Semi-D
RM2,430,000
Persiaran Besi
3,100 sqft · RM784 PSF
3,250 sqft
Semi-D
RM1,825,000
Jalan Besi
3,266 sqft · RM559 PSF
4,000 sqft
Semi-D
RM3,910,000
Jalan Masjid Negeri
3,978 sqft · RM983 PSF
RM3,800,000
Jalan Masjid Negeri
4,018 sqft · RM946 PSF
7,000 sqft
Semi-D
RM3,350,000
Medan Tembaga
7,025 sqft · RM477 PSF
Legend Recent Highest Price Highest PSF

Selling in Island Park? Homes here sold for a median of RM1,812,500.

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Market Snapshot

Residential

RM1,800,000

RM688 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 12 subsale transactions in 2024, with a median price of RM1.81 million and a median price per square foot (PSF) of RM736.

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 RM1.81 million, with most transactions falling within a stable range of RM1.05 million to RM2.84 million, and a typical market range of RM1.25 million to RM2.37 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 RM736, though individual units vary from RM501 to RM970 in the core range. The broader market spans RM648.56 to RM823.06, indicating diverse property characteristics. A wider spread (IQR: RM174.50) and deviation (MAD: RM235) 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.