Property prices for sale in Greenlane (Penang)
The prices in real estate in Greenlane, in the Penang region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Greenlane has remained the same in the last 6 months. In October, the average price per sq.feet was RM 545. In November this price pretty much remained the same at a value of RM 546 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 545.5 to RM 564 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 554.75 to RM 558 during February y March
Based upon to the price in Greenlane (cities), this has gone up in the last 6 months. The price in October is RM 890,800, rising in November till RM 956,663. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from RM 1,011,125.25 to RM 938,637.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 969,750 they are 39 % more affordable than the average price for Greenlane. The properties with the highest average price have 1 bedroom, Their price is 201 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 1,534,216.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 498 / sq.feet, with an average RM 562 / sq.feet price in Greenlane. The properties with the highest average prices have 1 bedroom. They are 113 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 696 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 969,750 it is 55 % cheaper than the average price in Greenlane. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 2,078,531 it is 534 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condominium" at an average cost of RM 472 / sq.feet followed by "Terraced House" priced at RM 583 / sq.feet. "Bungalow" is the most costly type of property with a RM 1,464 / sq.feet cost followed by "Semi Detached House" with an average price of RM 791 / sq.feet.
