Area Intelligence

GREEN LANE PARK

6 properties
2023
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Median Price
RM 499,500
PSF: RM 611

Residential Market

Median Price

RM 499,500

IQR: RM 86
MAD: RM 45
RM 611 PSF 0.3%

PSF Trends (2021-2025)

GREEN LANE PARK in Timur Laut, Penang recorded 6 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 611.

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 500K, with most transactions falling within a stable range of RM 417K to RM 582K, and a typical market range of RM 468K to RM 532K.

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

For price per square foot, the median is RM 611, with most transactions between RM 551 and RM 671. The usual range is RM 567.88 to RM 654.13, showing that most units are priced quite close to each other. With an IQR of RM 86.25 and MAD of RM 60, 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.

Area Location

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GREEN LANE PARK, Timur Laut, Penang

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Transactions

6 properties grouped by size

800 sqft
4 units Condo/Apartment
RM 499,000
775 sqft · RM 644.00 PSF
Apr 2023
RM 498,000
775 sqft · RM 643.00 PSF
Apr 2023
RM 500,000
775 sqft · RM 645.00 PSF
Mar 2023
RM 375,000
775 sqft · RM 484.00 PSF
Jan 2023
1,100 sqft
2 units Condo/Apartment
RM 630,000
1,087 sqft · RM 579.00 PSF
Aug 2023
RM 600,000
1,087 sqft · RM 552.00 PSF
Apr 2023