Lorong Lengkuas
Kampung Belachan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
Kampung Belachan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
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Lorong Lengkuas, Kampung Belachan, 10470 Tanjung Tokong, Pulau Pinang, Malaysia
MapsLorong Lengkuas in Timur Laut, Penang recorded 0 subsale transactions in 2024, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 504.
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 1.18 million, with most transactions falling within a stable range of RM 835K to RM 1.53 million, and a typical market range of RM 1.01 million to RM 1.36 million.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 504, with most transactions between RM 487 and RM 520. The usual range is RM 495.25 to RM 511.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.50 and an average deviation (MAD) of RM 17 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.