Island Park

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

Property Transactions

3 subsales found

Median
RM1,430,000
PSF
RM1,038
Price Size
Period
transactions middle 50% (P25–P75)
RM1,180,000
Solok Tembaga
1,378 sqft RM856 PSF
RM1,600,000
Solok Tembaga 2
1,421 sqft RM1,126 PSF
RM1,430,000
Lengkok Tembaga
1,378 sqft RM1,038 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,430,000

RM1,038 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 3 subsale transactions between 2021 and 2026, sized between 1,375 and 1,424 sqft, with a median price of RM1.43 million and a median price per square foot (PSF) of RM1,038.

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 RM1.43 million, with most transactions falling within a stable range of RM1.26 million to RM1.60 million, and a typical market range of RM1.18 million to RM1.60 million.

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

The median PSF stands at RM1,038, with core pricing between RM926 and RM1,150. Market pricing typically extends from RM950.65 to RM1,125.15, reflecting moderate variation in unit pricing. With an IQR of RM174.50 and MAD of RM112, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.