Penang
Timur Laut
Georgetown
THE LIGHT COLLECTION 1

THE LIGHT COLLECTION 1

Area Intelligence

2023

Median Price

RM 1,260,000

PSF: RM 796

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Residential PSF Trends

Median Price

RM 1,260,000

PSF: RM 796

THE LIGHT COLLECTION 1 in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.26 million and a median price per square foot (PSF) of RM 796.

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 1.26 million, with most transactions falling within a stable range of RM 1.15 million to RM 1.31 million, and a typical market range of RM 1.16 million to RM 1.31 million.

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

For price per square foot, the median is RM 796, with most transactions between RM 735 and RM 857. The usual range is RM 741.38 to RM 850.63, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 61, 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

OSM

Track location

Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

1,550 sqft

Condo/Apartment

1,550 sqft

Condo/Apartment

RM 1,000,000

Level 5

1,528 sqft · RM 654 PSF

Nov 2023

Level 5

RM 1,000,000

RM 654

1,528 sqft

Nov 2023

1,600 sqft

Condo/Apartment

1,600 sqft

Condo/Apartment

RM 1,198,000

Level 6

1,582 sqft · RM 757 PSF

Sep 2023

RM 1,260,000

Level 5

1,582 sqft · RM 796 PSF

Aug 2023

RM 1,280,000

Level 8

1,582 sqft · RM 809 PSF

Aug 2023

RM 1,310,000

Level 7

1,593 sqft · RM 822 PSF

Mar 2023

Level 6	RM 1,198,000	RM 757	1,582 sqft	Sep 2023
Level 5	RM 1,260,000	RM 796	1,582 sqft	Aug 2023
Level 8	RM 1,280,000	RM 809	1,582 sqft	Aug 2023
Level 7	RM 1,310,000	RM 822	1,593 sqft	Mar 2023