Taman Free School, Green Lane

Taman Free School is a freehold landed housing estate (with some low-cost flats) that is located in Green Lane, Penang Island. It comprises Free School Court, Halaman Kristal, Pangsapuri Sri Tanjung, Seruan Emas, Slim Villas, Sri Permai Apartment, Suteramas, Taman Sawang and Taman Sri Penawar.

It is a residential neighbourhood that derives its name from the famous Penang Free School that is situated nearby. The area primarily comprises low to medium-cost flats and has the advantage of a wide range of amenities, services, and eateries located nearby. Despite this, the popular option amongst the locals is the Taman Free School Food Court, which caters to an array of dishes and has over the years gained immense popularity with people from out-of-state also opting to give it a try. The food court attracts a huge crowd due to its energetic atmosphere, excellent selection of savouries, and affordably priced meals.

The built-up available in this housing estate is 1,000 sf to 3,000 sf for houses and 528 sf to 800 sf for flats. Other neighbouring developments nearby are Kampung Melayu, Macallum, Medan Angsana, Taman Abidin, Taman Han Chiang, Taman Kampar, Taman Koperasi, Taman Medan Penaga and Taman Tun Sardon.

Property Type
Landed & Low-Cost Flat
Land Tenure
1,000 sf - 3,000 sf (House)
528 sf - 800 sf (Flat)
Market Price
RM600,000 - RM2,610,000 (House)
RM170,000 - RM360,000 (Flat)
Total Units
Completion Date
Launch Price

This landed housing estate (with some low-cost flats) has some amenities nearby, i.e. schools, hospitals and universities. The following are some main schools here:

As for hospitals, there are Georgetown Specialist Hospital, Hospital Psikiatri, Optimax Eye Specialist Hospital (Penang) and Wad Psikiatri Hospital Pulau Pinang.

The current rental yield of Taman Free School is 2.69% for houses and 3.67% for flats. The highest rental yield ever recorded was 2.69% in Q1 2021 (house) and 4.55% in Q3 2022 (flat); while the lowest one was 2.5% in Q4 2020 (house) and 2.61% in Q3 2017 (flat). 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 Taman Free School for houses is 5-bedroom / 3,000 sf with a median price of RM770 psf. For price wise, the most expensive one is 6-bedroom / 3,000 sf with a median price of RM870 psf; while the cheapest one is 4-bedroom / 3,000 sf with a median price of RM530 psf.

Flat Layouts

Meanwhile, the most popular layout and size (built-up) combination at taman free school for flats is 3-bedroom / 795 sf with a median price of rm450 psf. For price wise, the most expensive one is 3-bedroom / 700 sf with a median price of RM510 psf; while the cheapest one is 2-bedroom / 528 sf with a median price of RM330 psf.

Latest Taman Free School sale listings:

DateProperty TypeBuilt-upPrice
23 Jun 2024Condominium900 sfRM432,000
21 Jun 2024Condominium900 sfRM480,000
22 Jun 2024Low-Cost Flat1,100 sfRM450,000
20 Jun 2024Low-Cost Flat900 sfRM480,000
20 Jun 2024Low-Cost Flat700 sfRM420,000
18 Jun 2024Low-Cost Flat1,100 sfRM470,000
13 Jun 2024Semi-Detached3,000 sfRM2,200,000
7 Jun 2024Condominium900 sfRM480,000
18 May 2024Terrace2,800 sfRM1,700,000
4 May 2024Low-Cost Flat700 sfRM299,000

Latest Taman Free School rental listings:

DateProperty TypeBuilt-upRental
TodayMedium Room-NA-RM550
20 Jun 2024Low-Cost Flat2,000 sfRM2,600
23 May 2024Condominium1,100 sfRM1,800
9 May 2024Low-Cost Flat1,000 sfRM1,600
9 May 2024Low-Cost Flat1,100 sfRM1,800
9 May 2024Low-Cost Flat1,100 sfRM1,600
7 May 2024Low-Cost Flat1,100 sfRM2,000
7 May 2024Low-Cost Flat1,100 sfRM1,800
25 Apr 2024Condominium700 sfRM1,300
4 May 2024Low-Cost Flat700 sfRM850
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