BATU LANCHANG FLATS Property Investment Analysis
BATU LANCHANG FLATS in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 261.
This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 146K to RM 174K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 261, with core pricing between RM 218 and RM 305. Market pricing typically extends from RM 229.13 to RM 292.88, reflecting moderate variation in unit pricing. The spread of RM 63.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.
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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 165,000
|
RM 307.00
|
538 sqft
|
Oct 2024
|
Low-Cost Flat |
|
RM 165,000
|
RM 260.00
|
635 sqft
|
Jun 2024
|
3 - 3 1/2 Storey Shop |
LEBUHRAYA BATU LANCHANG
|
RM 2,080,000
|
RM 1,486.00
|
1,399 sqft
|
Apr 2024
|
Low-Cost Flat |
|
RM 180,000
|
RM 334.00
|
538 sqft
|
Sep 2023
|
Low-Cost Flat |
|
RM 140,000
|
RM 260.00
|
538 sqft
|
Dec 2022
|
Low-Cost Flat |
|
RM 155,000
|
RM 262.00
|
592 sqft
|
Jun 2022
|
Low-Cost Flat |
|
RM 130,000
|
RM 212.00
|
614 sqft
|
May 2022
|
Low-Cost Flat |
|
RM 140,000
|
RM 220.00
|
635 sqft
|
Mar 2022
|