Penang
Timur Laut
Jelutong
BATU LANCHANG FLATS

BATU LANCHANG FLATS

Area Intelligence

2022

Median Price

RM 140,000

PSF: RM 240

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 240

Commercial PSF Trends

Median Price

RM 2,080,000

RM 1,486 PSF

BATU LANCHANG FLATS in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 240.

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 140K, with most transactions falling within a stable range of RM 131K to RM 149K, and a typical market range of RM 130K to RM 154K.

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

For price per square foot, the median is RM 240, with most transactions between RM 217 and RM 263. The usual range is RM 208.13 to RM 271.88, showing that most units are priced quite close to each other. With an IQR of RM 63.75 and MAD of RM 23, 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

OSM

Track location

Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 140,000

Level 2

538 sqft • RM 260.00 PSF

Dec 2022

RM 155,000

Level 1

592 sqft • RM 262.00 PSF

Jun 2022

RM 130,000

Level 4

614 sqft • RM 212.00 PSF

May 2022

RM 140,000

Level 3

635 sqft • RM 220.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 140,000	RM 260.00	538 sqft	Dec 2022	Low-Cost Flat
Level 1	RM 155,000	RM 262.00	592 sqft	Jun 2022	Low-Cost Flat
Level 4	RM 130,000	RM 212.00	614 sqft	May 2022	Low-Cost Flat
Level 3	RM 140,000	RM 220.00	635 sqft	Mar 2022	Low-Cost Flat