GREEN LANE PARK

Area Intelligence
2021
Median Price
RM 535,000
PSF: RM 497

Residential PSF Trends

Median Price

RM 535,000

PSF: RM 497

GREEN LANE PARK in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 535K 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 535K, with most transactions falling within a stable range of RM 504K to RM 566K, and a typical market range of RM 502K to RM 568K.

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

The median PSF stands at RM 497, with core pricing between RM 445 and RM 549. 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 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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Transactions

5 transactions grouped by size

800 sqft
Condo/Apartment
RM 483,000
Level 13
775 sqft · RM 623 PSF
1,100 sqft
Condo/Apartment
RM 535,000
Level 20
1,087 sqft · RM 492 PSF
RM 580,000
Level 22
1,087 sqft · RM 534 PSF
RM 525,000
Level 24
1,087 sqft · RM 483 PSF
RM 540,000
Level 16
1,087 sqft · RM 497 PSF

No Properties For Sale

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

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