BandingHouse

Green Lane Park

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Green Lane Park have sold for a median of

RM500,000

RM534 psf on the recorded floor area

RM481,500median RM500,000RM547,500

Half of the 23 recorded sales fell between RM481,500 and RM547,500. One in ten went under RM408,000, one in ten over RM596,000. Sales run from 19 November 2021 to 1 August 2025.

Down 7% from a RM535,000 median in 2021 to RM499,500 in 2023.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM535,000RM497 psf5
2022RM495,000RM528 psf6
2023RM499,500RM611 psf6
2024RM545,000RM501 psf3
2025RM480,000RM520 psf3

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Green Lane Park sits 102 of 154 in that set.

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Green Lane Park’s own median is RM500,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM500,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM50,000
  • Transfer duty (MOT): RM9,000
  • Loan duty (0.5%): RM2,250
  • Total cash: RM61,250
  • Qualifying first home: RM50,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,992
  • Total monthly: RM1,992

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Green Lane Park sold for?
A median of RM500,000 (RM534 psf), from 23 land-office transactions between 19 November 2021 and 1 August 2025.
What is a typical band here?
Half of recorded sales fell between RM481,500 and RM547,500. One in ten went under RM408,000; one in ten over RM596,000.
Has the median moved?
From RM535,000 in 2021 to RM499,500 in 2023 (-7%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.