Island Park

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

Property Transactions

3 subsales found

Median
RM1,050,000
PSF
RM650
Price Size
Period
transactions middle 50% (P25–P75)
RM1,050,000
Jalan Tembaga
1,615 sqft RM650 PSF
RM1,000,000
Jalan Tembaga
1,615 sqft RM619 PSF
RM1,050,000
Lebuhraya Besi
1,604 sqft RM655 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,050,000

RM650 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 1,575 and 1,624 sqft, with a median price of RM1.05 million and a median price per square foot (PSF) of RM650.

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 RM1.05 million, with most transactions falling within a stable range of RM1.03 million to RM1.05 million, and a typical market range of RM1.00 million to RM1.05 million.

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

For price per square foot, the median is RM650, with most transactions between RM635 and RM666. The usual range is RM563.07 to RM737.57, showing that most units are priced quite close to each other. With an IQR of RM174.50 and MAD of RM16, 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.