KAWASAN JALAN BATU LANCHANG Property Investment Analysis
PROPERTY TYPES OVERVIEW
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Condominium/Apartment | 12 | 5,830,000 |
RM 470,000
±23K MAD
|
+1.95% |
RM 410.50
±7 MAD
|
+0.69% |
KAWASAN JALAN BATU LANCHANG in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 516.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 820K to RM 980K, and a typical market range of RM 853K to RM 948K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 516, with most transactions between RM 484 and RM 548. The usual range is RM 464.50 to RM 567.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
1 - 1 1/2 Storey Terraced |
LENGKOK BATU LANCHANG
|
RM 980,000
|
RM 484.00
|
2,023 sqft
|
Sep 2023
|
1 - 1 1/2 Storey Terraced |
JALAN TAN SRI TEH EWE LIM
|
RM 885,000
|
RM 512.00
|
1,728 sqft
|
May 2023
|
1 - 1 1/2 Storey Terraced |
LENGKOK BATU LANCANG
|
RM 820,000
|
RM 516.00
|
1,590 sqft
|
Mar 2023
|
2 - 2 1/2 Storey Terraced |
LORONG SEKOLAH
|
RM 1,550,000
|
RM 837.00
|
1,851 sqft
|
Oct 2022
|
1 - 1 1/2 Storey Terraced |
LENGKOK BATU LANCHANG
|
RM 900,000
|
RM 615.00
|
1,464 sqft
|
Sep 2022
|