Lorong Lengkuas in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.18 million and a median price per square foot (PSF) of RM520.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.18 million, with most transactions falling within a stable range of RM835K to RM1.53 million, and a typical market range of RM1.01 million to RM1.36 million.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM520, with most transactions between RM503 and RM536. The usual range is RM511.68 to RM528.18, showing that most units are priced quite close to each other. A typical spread (IQR) of RM16.50 and an average deviation (MAD) of RM17 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.