THE LIGHT COLLECTION II

Area Intelligence
2021
Median Price
RM 1,565,000
PSF: RM 901

Residential PSF Trends

Median Price

RM 1,565,000

PSF: RM 901

THE LIGHT COLLECTION II in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 1.57 million and a median price per square foot (PSF) of RM 901.

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 1.57 million, with most transactions falling within a stable range of RM 1.40 million to RM 1.75 million, and a typical market range of RM 1.40 million to RM 1.90 million.

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

For price per square foot, the median is RM 901, with most transactions between RM 858 and RM 943. The usual range is RM 730.00 to RM 1,071.00, showing that most units are priced quite close to each other. With an IQR of RM 341.00 and MAD of RM 43, 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 II, Timur Laut, Penang

OSM

Track location

Transactions

4 transactions found

RM 1,530,000
Level 4
1,701 sqft RM 900.00 PSF
RM 1,600,000
Level 5
1,701 sqft RM 941.00 PSF
RM 1,900,000
Level 4
2,110 sqft RM 901.00 PSF
RM 1,400,000
Level 3
1,701 sqft RM 823.00 PSF

No Properties For Sale

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

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