GREEN LANE PARK

Area Intelligence
2022
Median Price
RM 540,000
PSF: RM 497

Residential PSF Trends

Median Price

RM 540,000

PSF: RM 497

GREEN LANE PARK in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 540K and a median price per square foot (PSF) of RM 497.

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 540K, with most transactions falling within a stable range of RM 490K to RM 601K, and a typical market range of RM 507K to RM 573K.

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

The median PSF stands at RM 497, with core pricing between RM 441 and RM 553. Market pricing typically extends from RM 449.50 to RM 544.50, reflecting moderate variation in unit pricing. With an IQR of RM 95.00 and MAD of RM 56, 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

1,100 sqft
Condo/Apartment
RM 490,000
Level 11
1,087 sqft · RM 451 PSF
RM 638,000
Level 17
1,087 sqft · RM 587 PSF
RM 500,000
Level 12
1,087 sqft · RM 460 PSF
RM 580,000
Level 19
1,087 sqft · RM 534 PSF

No Properties For Sale

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

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