Penang
Timur Laut
Georgetown
GREEN LANE PARK

GREEN LANE PARK

Area Intelligence

2021

Median Price

RM 537,500

PSF: RM 495

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Residential PSF Trends

Median Price

RM 537,500

PSF: RM 495

GREEN LANE PARK in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 538K and a median price per square foot (PSF) of RM 495.

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 538K, with most transactions falling within a stable range of RM 525K to RM 558K, and a typical market range of RM 525K to RM 571K.

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

For price per square foot, the median is RM 495, with most transactions between RM 475 and RM 514. The usual range is RM 447.00 to RM 542.00, showing that most units are priced quite close to each other. With an IQR of RM 95.00 and MAD of RM 19, 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

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,100 sqft

Condo/Apartment

1,100 sqft

Condo/Apartment

RM 535,000

Level 20

1,087 sqft · RM 492 PSF

Dec 2021

RM 580,000

Level 22

1,087 sqft · RM 534 PSF

Dec 2021

RM 525,000

Level 24

1,087 sqft · RM 483 PSF

Dec 2021

RM 540,000

Level 16

1,087 sqft · RM 497 PSF

Nov 2021

Level 20	RM 535,000	RM 492	1,087 sqft	Dec 2021
Level 22	RM 580,000	RM 534	1,087 sqft	Dec 2021
Level 24	RM 525,000	RM 483	1,087 sqft	Dec 2021
Level 16	RM 540,000	RM 497	1,087 sqft	Nov 2021