Penang Turf Club, Green Lane

Penang Turf Club (also known as Batu Gantong) is a town that is located in Green Lane, Penang Island. It is a popular neighborhood for middle class to affluent residents due to its convenient location and its mixed development offerings. However, one of the major drawbacks of this area is the severe traffic congestion that plagues residents and visitors alike. Being situated on a major thoroughfare, it's not uncommon for residents to find themselves stuck in traffic for a considerable period of time during peak hours. The constant traffic congestion can detract from the overall, otherwise appealing quality of life in the area. Despite the convenience that Penang Turf Club offers with its numerous amenities and mixed developments, those considering investing in the area must weigh the downside of heavy traffic congestion seriously.

The built-up available in this town is 2,000 sf to 30,000 sf for houses. Other neighbouring towns nearby are Air Itam, Bandar Sri Pinang, Botanic Gardens, Farlim, Green Lane, Gurney Drive, Jelutong, Mount Erskine, Pulau Tikus and Tanjung Tokong.

Property Type
Town
Land Tenure
-NA-
Built-up
2,000 sf - 30,000 sf (House)
Market Price
RM1,540,000 - RM30,000,000 (House)
Total Units
-NA-
Completion Date
-NA-
Developer
-NA-
Launch Price
-NA-

This town has some amenities nearby, i.e. hospitals, schools and universities. The following are some of the major hospitals here:

As for schools, there are Koperasi Penang Free School Berhad, SJK (C) Han Chiang, SJK (C) Perempuan China, SJK C Shang Wu and SMK Padang Polo. There are also some universities here, for example Adventist College Of Nursing & Health Sciences, Disted College, Han Chiang University College Of Communication 韩江传媒大学学院 and Penang Nursing College.

The current rental yield of Penang Turf Club is 1.62% for houses. The highest rental yield ever recorded was 2.67% in Q3 2018 (house); while the lowest one was 0.76% in Q3 2020 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Penang Turf Club for houses is 4-bedroom / 4,000 sf with a median price of RM960 psf. For price wise, the most expensive one is 3-bedroom / 2,500 sf with a median price of RM2,880 psf; while the cheapest one is 3-bedroom / 3,500 sf with a median price of RM440 psf.

Latest Penang Turf Club sale listings:

DateProperty TypeBuilt-upPrice
26 Jun 2024Condominium1,544 sfRM900,000
22 Jun 2024Low-Cost Flat850 sfRM420,000
21 Jun 2024Low-Cost Flat800 sfRM460,000
21 Jun 2024Condominium2,098 sfRM1,300,000
21 Jun 2024Condominium2,000 sfRM1,180,000
21 Jun 2024Condominium2,030 sfRM1,180,000
21 Jun 2024Condominium2,030 sfRM1,180,000
21 Jun 2024Condominium2,000 sfRM1,180,000
20 Jun 2024Low-Cost Flat850 sfRM475,000
20 Jun 2024Condominium1,200 sfRM668,000

Latest Penang Turf Club rental listings:

DateProperty TypeBuilt-upRental
25 Jun 2024Low-Cost Flat1,200 sfRM2,200
23 Jun 2024Low-Cost Flat850 sfRM1,300
20 Jun 2024Low-Cost Flat1,200 sfRM1,400
19 Jun 2024Condominium1,000 sfRM1,800
26 May 2024Apartment Room-NA-RM1,000
25 May 2024Single Room-NA-RM800
14 May 2024Condominium2,120 sfRM3,200
8 May 2024Low-Cost Flat1,000 sfRM1,500
6 May 2024Condominium850 sfRM1,400
4 May 2024Low-Cost Flat900 sfRM1,600
1 user comments on Penang Turf Club

For sale
Medan Lumba Kuda Jalan Sekolah la Salle, Ayer ltam Penang
near to PENANG TURF CLUB, GH.
Next to UNION Primary School

size 850sf Corner unit middle floor
Freehold
3 rooms 2 bathroom with 1 carpark lot

Nice renovated with fully furnished, quiet residential neighborhood,

living hall balcony facing nice view of Kek lok See, serene environment
with condo facilities, lift, swimming pool and 24 hrs security
view to appreciate !

Asking price: RM460K Negotiable to sincere Buyers only

Interested please call 0124479623 for viewing