Penang
Timur Laut
Georgetown
THE LIGHT COLLECTION II

THE LIGHT COLLECTION II

Area Intelligence

2022

Median Price

RM 627,500

PSF: RM 1,215

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Residential PSF Trends

Median Price

RM 627,500

PSF: RM 1,215

THE LIGHT COLLECTION II in Timur Laut, Penang recorded 4 subsale transactions in 2022, with a median price of RM 628K and a median price per square foot (PSF) of RM 1,215.

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 628K, with most transactions falling within a stable range of RM 620K to RM 635K, and a typical market range of RM 618K to RM 638K.

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

For price per square foot, the median is RM 1,215, with most transactions between RM 1,200 and RM 1,229. The usual range is RM 1,044.00 to RM 1,385.00, showing that most units are priced quite close to each other. With an IQR of RM 341.00 and MAD of RM 14, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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THE LIGHT COLLECTION II, Timur Laut, Penang

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Transactions

4 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)

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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)

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Road	Price	Land PSF	Land	Date	Type

500 sqft

Condo/Apartment

500 sqft

Condo/Apartment

RM 638,000

Level 2

517 sqft · RM 1,235 PSF

Oct 2022

RM 618,000

Level 1

517 sqft · RM 1,196 PSF

Jul 2022

RM 630,000

Level 4

517 sqft · RM 1,219 PSF

Jun 2022

RM 625,000

Level 2

517 sqft · RM 1,210 PSF

Mar 2022

Level 2	RM 638,000	RM 1,235	517 sqft	Oct 2022
Level 1	RM 618,000	RM 1,196	517 sqft	Jul 2022
Level 4	RM 630,000	RM 1,219	517 sqft	Jun 2022
Level 2	RM 625,000	RM 1,210	517 sqft	Mar 2022