GREEN LANE PARK

Area Intelligence
2023
Median Price
RM 499,500
PSF: RM 611

Residential PSF Trends

Median Price

RM 499,500

PSF: RM 611

GREEN LANE PARK in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 611.

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 500K, with most transactions falling within a stable range of RM 417K to RM 582K, and a typical market range of RM 467K to RM 533K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 611, with most transactions between RM 551 and RM 671. The usual range is RM 563.50 to RM 658.50, showing that most units are priced quite close to each other. With an IQR of RM 95.00 and MAD of RM 60, 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 PARK, Timur Laut, Penang

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Transactions

6 transactions grouped by size

800 sqft
Condo/Apartment
RM 499,000
Level 7
775 sqft · RM 644 PSF
RM 498,000
Level 28
775 sqft · RM 643 PSF
RM 500,000
Level 20
775 sqft · RM 645 PSF
RM 375,000
Level 18
775 sqft · RM 484 PSF
1,100 sqft
Condo/Apartment
RM 630,000
Level 28
1,087 sqft · RM 579 PSF
RM 600,000
Level 8
1,087 sqft · RM 552 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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