BATU LANCHANG FLATS
Residential Market
Median Price
RM 180,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 2,080,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost Flat
7 properties
Median Price
RM 165,000
+8.6% CAGR
Median PSF
RM 283.50
+8.7% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 2,080,000
Median PSF
RM 1,486.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost Flat | 7 |
RM 165,000
±15K MAD
|
+8.56% |
RM 283.50
±44 MAD
|
+8.69% | |
3-Storey Storey Shop | 1 |
RM 2,080,000
|
- |
RM 1,486.00
|
- |
BATU LANCHANG FLATS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 334.
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.
Most transactions involved low-cost flat, though some variety exists in the market.
For price per square foot, the median is RM 334, with most transactions between RM 334 and RM 334. The usual range is RM 302.13 to RM 365.88, showing that most units are priced quite close to each other. With an IQR of RM 63.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 180,000
|
RM 334.00
|
538 sqft
|
Sep 2023
|