Penang
Timur Laut
Georgetown
THE LIGHT COLLECTION II

THE LIGHT COLLECTION II

Area Intelligence

2022

Median Price

RM 1,300,000

PSF: RM 931

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Residential PSF Trends

Median Price

RM 1,300,000

PSF: RM 931

THE LIGHT COLLECTION II in Timur Laut, Penang recorded 14 subsale transactions in 2022, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 931.

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 1.30 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.48 million, and a typical market range of RM 1.20 million to RM 1.67 million.

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

For price per square foot, the median is RM 931, with most transactions between RM 845 and RM 1,017. The usual range is RM 760.50 to RM 1,101.50, showing that most units are priced quite close to each other. With an IQR of RM 341.00 and MAD of RM 86, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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THE LIGHT COLLECTION II, Timur Laut, Penang

OSM

Track location

Transactions

10 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

1,350 sqft

Condo/Apartment

1,350 sqft

Condo/Apartment

RM 1,355,000

Level 1

1,367 sqft · RM 991 PSF

Aug 2022

RM 1,280,000

Level 1

1,367 sqft · RM 936 PSF

Mar 2022

Level 1	RM 1,355,000	RM 991	1,367 sqft	Aug 2022
Level 1	RM 1,280,000	RM 936	1,367 sqft	Mar 2022

1,500 sqft

Condo/Apartment

1,500 sqft

Condo/Apartment

RM 1,200,000

Level 4

1,507 sqft · RM 796 PSF

Mar 2022

Level 4

RM 1,200,000

RM 796

1,507 sqft

Mar 2022

1,700 sqft

Condo/Apartment

1,700 sqft

Condo/Apartment

RM 1,680,000

Level 5

1,701 sqft · RM 988 PSF

Sep 2022

RM 1,310,000

Level 4

1,701 sqft · RM 770 PSF

Jun 2022

RM 1,290,000

Level 2

1,701 sqft · RM 759 PSF

Apr 2022

RM 1,325,000

Level 2

1,701 sqft · RM 779 PSF

Mar 2022

RM 1,575,000

Level 4

1,701 sqft · RM 926 PSF

Mar 2022

Level 5	RM 1,680,000	RM 988	1,701 sqft	Sep 2022
Level 4	RM 1,310,000	RM 770	1,701 sqft	Jun 2022
Level 2	RM 1,290,000	RM 759	1,701 sqft	Apr 2022
Level 2	RM 1,325,000	RM 779	1,701 sqft	Mar 2022
Level 4	RM 1,575,000	RM 926	1,701 sqft	Mar 2022