Taman Green Lane is a freehold residential development located in the district of Green Lane on the island of Penang. This residential development is well located at only 10 minutes away fem the city centre of Georgetown, the capital of Penang. The Penang International Airport is only 20 minutes away, while the Penang Bridge is an equal distance away at a 20 minutes drive.The homes in Taman Green Lane consist mainly of single storey terrace houses, with various built ups ranging from between 1,400 sf and 2,500 sf. Each of these ones have a minimum of 3 bedrooms and 2 bedrooms, while doe of the renovated houses may have an additional bedroom. Prices here are steep due to its excellent location, ranging between RM850,000 and RM1,900,000.As one of the older developments, most of the houses in Taman Green Lane are renovated with fully extended kitchens. Any buyer interested in these homes will also find that most of these homes being sold are already partially furnished with in-built kitchen cabinets, hoods and hobs, while most of the homes already come with auto-gates.The Taman Green Lane neighbourhood does not come with any facilities except for a fueld in the middle of the housing development that is shared by ally eh residents. On the outskirts is a dialysis centre, while within the development itself are a number of shops, eateries and restaurants.The closest major shopping mall to Taman Green Lane is the Queensbay Mall which is 12 minutes away, while closer to home is the Sunshine Farlim Shopping Mall. The Bukit Jambul Sports Complex is also close to home at a 15 minutes drive, while the famous Gurney Drive that is host to many famous eateries is only 10 minutes away. The closest hospital is the Penang Adventist Hospital which is 10 minutes away, while within a 3 kilometres radius are a number of excellent primary and secondary schools.Taman Green Lane is very well connected as it sits just off the main road of Jalan Masjid Negeri, which connects to Jalan Sultan Azlan Shah and Jalan Air Hitam. Public transportation is just as easy to find on the main roads, as of Jalan Masjid Negeri where busses number 11, 206 and 304 From Rapid Penang pass through.
Property Details
Name: Taman Green Lane Address: Off Jalan Masjid Negeri, 11600 Georgetown, Penang Type: Terrace Tenure: Freehold No. of Storey: 1 No. of Bedrooms: From 3 No. of Bathrooms: 2 Built-up: From 1,400 sf Subsale Price: From RM850,000 Rental: From RM1,200Facilities
FieldAnalysis
As one of the most highly sought after places to live in Taman Green Lane has a high density of residents. Due to this, traffic can be quite a nightmare during peak hours before and after work. The most badly affected roads are Jalan Jamilton and Lorong Batu Lanchang which connects to Jalan Masjid Negeri.Taman Green Lane is a rather peaceful neighbourhood as it is more or less a purely residential area. As one of the older neighbourhoods, Taman Green Lane was not always such a pricy place to live in. As such, prices only increased drastically in the recent years and most of the people who live here are white collared workers.Prices of homes in Penang have been increasing drastically over the years duing the property boom, and is also helped along by the beginning of scarcity of land on the island. As such, houses in Taman Green Lane are deemed to be a good investment due to its excellent location. Besides being an excellent investment, houses here are also excellent homes as it is close to all the necessities.
