GREEN LANE HEIGHTS BLOK B Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 489,000
CAGR
+2.9%
Median PSF
RM 465.00
CAGR
+5.7%
Transactions
5
Period
2022-2023

GREEN LANE HEIGHTS BLOK B in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 489K and a median price per square foot (PSF) of RM 465.

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 489K, with most transactions falling within a stable range of RM 440K to RM 538K, and a typical market range of RM 454K to RM 524K.

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

For price per square foot, the median is RM 465, with most transactions between RM 443 and RM 487. The usual range is RM 446.50 to RM 483.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 22 indicate a highly stable PSF trend across properties.

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.

ADVANCED FILTERS

TRANSACTIONS

5 found
Flat
RM 424,000
PSF: RM 480.00
Area: 883 sqft
Date: Oct 2023
Flat
RM 550,000
PSF: RM 581.00
Area: 947 sqft
Date: Oct 2023
Flat
RM 489,000
PSF: RM 421.00
Area: 1,163 sqft
Date: Apr 2023
Flat
RM 510,000
PSF: RM 443.00
Area: 1,152 sqft
Date: Oct 2022
Flat
RM 440,000
PSF: RM 465.00
Area: 947 sqft
Date: Apr 2022