BATU LANCHANG FLATS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 334.
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 180K, with most transactions falling within a stable range of RM 160K to RM 200K, and a typical market range of RM 166K to RM 194K.
Most transactions involved low-cost flat, though some variety exists in the market.
The median PSF stands at RM 334, with core pricing between RM 291 and RM 378. Market pricing typically extends from RM 302.13 to RM 365.88, reflecting moderate variation in unit pricing. With an IQR of RM 63.75 and MAD of RM 44, 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.
