BATU LANCHANG FLATS

BATU LANCHANG FLATS in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 240.

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 140K, with most transactions falling within a stable range of RM 131K to RM 149K, and a typical market range of RM 130K to RM 154K.

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

For price per square foot, the median is RM 240, with most transactions between RM 217 and RM 263. The usual range is RM 208.13 to RM 271.88, showing that most units are priced quite close to each other. With an IQR of RM 63.75 and MAD of RM 23, 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.