THE LIGHT COLLECTION II

Area Intelligence
2022
Median Price
RM 1,340,000
PSF: RM 876

Residential PSF Trends

Median Price

RM 1,340,000

PSF: RM 876

THE LIGHT COLLECTION II in Timur Laut, Penang recorded 10 subsale transactions in 2022, with a median price of RM 1.34 million and a median price per square foot (PSF) of RM 876.

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 1.34 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.52 million, and a typical market range of RM 1.20 million to RM 1.70 million.

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

For price per square foot, the median is RM 876, with most transactions between RM 790 and RM 961. The usual range is RM 705.00 to RM 1,046.00, 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

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Transactions

10 transactions grouped by size

1,350 sqft
Condo/Apartment
RM 1,355,000
Level 1
1,367 sqft · RM 991 PSF
RM 1,280,000
Level 1
1,367 sqft · RM 936 PSF
1,500 sqft
Condo/Apartment
RM 1,200,000
Level 4
1,507 sqft · RM 796 PSF
1,700 sqft
Condo/Apartment
RM 1,680,000
Level 5
1,701 sqft · RM 988 PSF
RM 1,310,000
Level 4
1,701 sqft · RM 770 PSF
RM 1,290,000
Level 2
1,701 sqft · RM 759 PSF
RM 1,325,000
Level 2
1,701 sqft · RM 779 PSF
RM 1,575,000
Level 4
1,701 sqft · RM 926 PSF
1,900 sqft
Condo/Apartment
RM 1,600,000
Level 4
1,884 sqft · RM 849 PSF
RM 1,700,000
Level 6
1,884 sqft · RM 902 PSF

No Properties For Sale

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

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