Area Intelligence

BATU LANCHANG FLATS

8 properties
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Median Price
RM 160,000
PSF: RM 261

Residential Market

Median Price

RM 155,000

IQR: RM 45
MAD: RM 40
RM 260 PSF 8.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,080,000

RM 1,486 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BATU LANCHANG FLATS in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 160K and a median price per square foot (PSF) of RM 261.

This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 160K, with most transactions falling within a stable range of RM 140K to RM 180K, and a typical market range of RM 146K to RM 174K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 261, with core pricing between RM 218 and RM 305. Market pricing typically extends from RM 229.13 to RM 292.88, reflecting moderate variation in unit pricing. The spread of RM 63.75 (IQR) and deviation of RM 44 (MAD) suggest moderate price variations reflecting different property features.

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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BATU LANCHANG FLATS, Timur Laut, Penang

OSM

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Transactions

8 properties grouped by size

550 sqft
3 units Low-Cost Flat
RM 165,000
538 sqft · RM 307.00 PSF
Oct 2024
RM 180,000
538 sqft · RM 334.00 PSF
Sep 2023
RM 140,000
538 sqft · RM 260.00 PSF
Dec 2022
600 sqft
2 units Low-Cost Flat
RM 155,000
592 sqft · RM 262.00 PSF
Jun 2022
RM 130,000
614 sqft · RM 212.00 PSF
May 2022
650 sqft
2 units Low-Cost Flat
RM 165,000
635 sqft · RM 260.00 PSF
Jun 2024
RM 140,000
635 sqft · RM 220.00 PSF
Mar 2022
1,400 sqft
1 units 3-Storey Storey Shop
RM 2,080,000
LEBUHRAYA BATU LANCHANG
1,399 sqft · RM 1,486.00 PSF
Apr 2024