Penang
Timur Laut
Jelutong
BATU LANCHANG FLATS

BATU LANCHANG FLATS

Area Intelligence

2024

Median Price

RM 165,000

PSF: RM 307

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 284

Commercial PSF Trends

Median Price

RM 2,080,000

RM 1,486 PSF

BATU LANCHANG FLATS in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 165K and a median price per square foot (PSF) of RM 307.

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.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 307, with most transactions between RM 307 and RM 307. The usual range is RM 275.13 to RM 338.88, showing that most units are priced quite close to each other. With an IQR of RM 63.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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BATU LANCHANG FLATS, Timur Laut, Penang

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