The Light Point
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 8
|
RM 2,000,000
|
RM 924
|
2,164 sqft
|
|
Condo |
|
Level 6
|
RM 2,200,000
|
RM 1,022
|
2,153 sqft
|
|
Condo |
| 2022 | |||||
|
Level 1-3
|
RM 3,000,000
|
RM 803
|
3,735 sqft
|
|
Townhouse |
| 2021 | |||||
|
Level 7
|
RM 2,250,000
|
RM 1,215
|
1,851 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 2,225,000
RM 973 psfMedian transaction price
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
MapsThe Light Point in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.23 million and a median price per square foot (PSF) of RM 973.
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 2.23 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.60 million, and a typical market range of RM 2.06 million to RM 2.39 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 973, with core pricing between RM 822 and RM 1,124. Market pricing typically extends from RM 899.80 to RM 1,046.55, reflecting moderate variation in unit pricing. The spread of RM 146.75 (IQR) and deviation of RM 151 (MAD) suggest moderate price variations reflecting different property features.
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.