Area Intelligence

GREENLANE HEIGHTS

1 properties
2021
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Median Price
RM 250,000
PSF: RM 332

Commercial Market

Median Price

RM 250,000

IQR: RM 17
MAD: RM 17
RM 332 PSF 9.9%

PSF Trends (2021-2025)

GREENLANE HEIGHTS in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 332.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 332, with most transactions between RM 332 and RM 332. The usual range is RM 323.75 to RM 340.25, 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 0 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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GREENLANE HEIGHTS, Timur Laut, Penang

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Transactions

1 properties grouped by size

750 sqft
1 units Shop/Retail Lot
RM 250,000
752 sqft · RM 332.00 PSF
Dec 2021