Penang
Timur Laut
Georgetown
GREEN LANE PARK

GREEN LANE PARK

Area Intelligence

2022

Median Price

RM 580,000

PSF: RM 534

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Residential PSF Trends

Median Price

RM 580,000

PSF: RM 534

GREEN LANE PARK in Timur Laut, Penang recorded 3 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 580K and a median price per square foot (PSF) of RM 534.

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 580K, with most transactions falling within a stable range of RM 523K to RM 637K, and a typical market range of RM 547K to RM 613K.

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

For price per square foot, the median is RM 534, with most transactions between RM 481 and RM 586. The usual range is RM 486.01 to RM 581.01, showing that most units are priced quite close to each other. With an IQR of RM 95.00 and MAD of RM 52, 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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