KAWASAN JALAN BATU LANCHANG

Area Intelligence
2023
Median Price
RM 885,000
PSF: RM 512

Residential PSF Trends

Median Price

RM 885,000

PSF: RM 512

KAWASAN JALAN BATU LANCHANG in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 885K and a median price per square foot (PSF) of RM 512.

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 885K, with most transactions falling within a stable range of RM 820K to RM 951K, and a typical market range of RM 838K to RM 933K.

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 512, with most transactions between RM 498 and RM 526. The usual range is RM 460.50 to RM 563.50, showing that most units are priced quite close to each other. With an IQR of RM 103.00 and MAD of RM 14, 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.

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KAWASAN JALAN BATU LANCHANG, Timur Laut, Penang

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Transactions

3 transactions found

RM 980,000
LENGKOK BATU LANCHANG
2,023 sqft RM 484.00 PSF
RM 885,000
JALAN TAN SRI TEH EWE LIM
1,728 sqft RM 512.00 PSF
RM 820,000
LENGKOK BATU LANCANG
1,590 sqft RM 516.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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