Penang
Timur Laut
Jelutong
BATU LANCHANG FLATS

BATU LANCHANG FLATS

Area Intelligence

2023

Median Price

RM 180,000

PSF: RM 334

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Residential PSF Trends

Median Price

RM 180,000

PSF: RM 334

Commercial PSF Trends

Median Price

RM 2,080,000

RM 1,486 PSF

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.

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

For price per square foot, the median is RM 334, with most transactions between RM 334 and RM 334. The usual range is RM 302.13 to RM 365.88, 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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