GREEN LANE PARK

GREEN LANE PARK in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 535K and a median price per square foot (PSF) of RM 497.

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 535K, with most transactions falling within a stable range of RM 504K to RM 566K, and a typical market range of RM 503K to RM 567K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 497, with core pricing between RM 445 and RM 549. Market pricing typically extends from RM 453.88 to RM 540.13, reflecting moderate variation in unit pricing. With an IQR of RM 86.25 and MAD of RM 52, 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.