GREENLANE HEIGHTS

GREENLANE HEIGHTS in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 349.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 250K to RM 750K, and a typical market range of RM 375K to RM 625K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 349, with most transactions between RM 332 and RM 365. The usual range is RM 340.25 to RM 356.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.