Area Intelligence

BATU LANCHANG FLATS

7 properties
Low-Cost Flat
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Median Price
RM 155,000
PSF: RM 260

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 7 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 155K and a median price per square foot (PSF) of RM 260.

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 155K, with most transactions falling within a stable range of RM 139K to RM 171K, and a typical market range of RM 141K to RM 169K.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

The median PSF stands at RM 260, with core pricing between RM 220 and RM 300. Market pricing typically extends from RM 228.13 to RM 291.88, reflecting moderate variation in unit pricing. The spread of RM 63.75 (IQR) and deviation of RM 40 (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

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Transactions

7 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