Penang
Timur Laut
Georgetown
THE LIGHT COLLECTION 1

THE LIGHT COLLECTION 1

Area Intelligence

2022

Median Price

RM 1,132,500

PSF: RM 739

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Residential PSF Trends

Median Price

RM 1,132,500

PSF: RM 739

THE LIGHT COLLECTION 1 in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 739.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 739, with most transactions between RM 728 and RM 750. The usual range is RM 684.38 to RM 793.63, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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THE LIGHT COLLECTION 1, Timur Laut, Penang

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