Green Lane, Penang Island
Green Lane (also known as Greenlane) is a freehold town that is located in Penang Island, Penang. The built-up available in this town is 1,000 sf to 3,500 sf for houses. Other neighbouring towns around here are Air Itam, Bandar Sri Pinang, Bukit Dumbar, Bukit Gambier, Farlim, Gelugor, Jelutong, Penang Turf Club, Pulau Tikus and The Light Waterfront.
This town has some amenities nearby, for example universities, hospitals and schools. The following are some of the major universities here:
- College Of Nursing Lam Wah Ee
- Han Chiang University College Of Communication 韩江传媒大学学院
- Island College Of Technology
- Island College Of Technology (Ict)
As for hospitals, there are Georgetown Specialist Hospital, Lam Wah Ee Hospital and Optimax Eye Specialist Hospital (Penang). There are also some schools here, i.e. SJK (C) Han Chiang, SJK C Shang Wu and SK Jelutong Barat.
The current rental yield of Green Lane is 1.07% for houses. The highest rental yield ever recorded was 2.4% in Q1 2019 (house); while the lowest one was 1.07% in Q1 2022 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Green Lane for houses is 4-bedroom / 2,000 sf with a median price of RM800 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM980 psf; while the cheapest one is 5-bedroom / 2,000 sf with a median price of RM700 psf.
Latest Green Lane sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 700 sf | RM400,000 |
| 21 May 2023 | Apartment | 818 sf | RM329,000 |
| 17 May 2023 | Apartment | 3,200 sf | RM1,100,000 |
| 17 May 2023 | Apartment | 700 sf | RM350,000 |
| 27 Apr 2023 | Low-Cost Flat | 474 sf | RM155,000 |
| 20 Apr 2023 | Condominium | 750 sf | RM350,000 |
| 12 Apr 2023 | Condominium | 850 sf | RM390,000 |
| 28 Mar 2023 | Condominium | 1,100 sf | RM533,000 |
| 14 Mar 2023 | Low-Cost Flat | 850 sf | RM350,000 |
| 10 Mar 2023 | Semi-Detached | 3,744 sf | RM1,700,000 |
Latest Green Lane rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 850 sf | RM1,150 |
| Today | Condominium | 800 sf | RM850 |
| 16 May 2023 | Bungalow | 5,000 sf | RM3,500 |
| 15 May 2023 | Apartment | 1,300 sf | RM2,000 |
| 6 May 2023 | Condominium | 1,100 sf | RM1,300 |
| 6 May 2023 | Condominium | 1,100 sf | RM1,303 |
| 5 May 2023 | Condominium | 720 sf | RM799 |
| 25 Apr 2023 | Medium Room | -NA- | RM420 |
| 21 Apr 2023 | Condominium | 800 sf | RM1,350 |
| 13 Apr 2023 | Low-Cost Flat | 550 sf | RM650 |