Penang
Timur Laut
Georgetown
GREEN LANE HEIGHTS BLOK A

GREEN LANE HEIGHTS BLOK A

Area Intelligence

2022

Median Price

RM 470,000

PSF: RM 558

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Residential PSF Trends

Median Price

RM 470,000

PSF: RM 558

GREEN LANE HEIGHTS BLOK A in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 470K and a median price per square foot (PSF) of RM 558.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 470K, with most transactions falling within a stable range of RM 423K to RM 470K, and a typical market range of RM 444K to RM 470K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 558, with most transactions between RM 503 and RM 613. The usual range is RM 520.63 to RM 595.38, showing that most units are priced quite close to each other. With an IQR of RM 74.75 and MAD of RM 55, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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GREEN LANE HEIGHTS BLOK A, Timur Laut, Penang

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