THE LIGHT COLLECTION 1

Area Intelligence
2021
Median Price
RM 1,320,000
PSF: RM 820

Residential PSF Trends

Median Price

RM 1,320,000

PSF: RM 820

THE LIGHT COLLECTION 1 in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 1.32 million and a median price per square foot (PSF) of RM 820.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.32 million, with most transactions falling within a stable range of RM 1.13 million to RM 1.50 million, and a typical market range of RM 1.22 million to RM 1.42 million.

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

The median PSF stands at RM 820, with core pricing between RM 731 and RM 909. Market pricing typically extends from RM 765.38 to RM 874.63, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 and MAD of RM 89, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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THE LIGHT COLLECTION 1, Timur Laut, Penang

OSM

Track location

Transactions

5 transactions grouped by size

1,550 sqft
Condo/Apartment
RM 1,320,000
Level 4
1,528 sqft · RM 864 PSF
RM 970,000
Level 6
1,528 sqft · RM 635 PSF
RM 1,170,000
Level 7
1,528 sqft · RM 765 PSF
1,600 sqft
Condo/Apartment
RM 1,400,000
Level 4
1,582 sqft · RM 885 PSF
1,850 sqft
Condo/Apartment
RM 1,500,000
Level 7
1,830 sqft · RM 820 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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