GREEN LANE PARK

Area Intelligence
2023
Median Price
RM 498,500
PSF: RM 644

Residential PSF Trends

Median Price

RM 498,500

PSF: RM 644

GREEN LANE PARK in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 499K and a median price per square foot (PSF) of RM 644.

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 499K, with most transactions falling within a stable range of RM 445K to RM 500K, and a typical market range of RM 466K to RM 500K.

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

The median PSF stands at RM 644, with core pricing between RM 574 and RM 713. Market pricing typically extends from RM 596.00 to RM 691.00, reflecting moderate variation in unit pricing. With an IQR of RM 95.00 and MAD of RM 69, 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

4 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

No Properties For Sale

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

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