THE LIGHT COLLECTION III

Area Intelligence
2024
Median Price
RM 1,600,000
PSF: RM 883

Residential PSF Trends

Median Price

RM 1,600,000

PSF: RM 883

THE LIGHT COLLECTION III in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 883.

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 1.60 million, with most transactions falling within a stable range of RM 1.43 million to RM 1.77 million, and a typical market range of RM 1.44 million to RM 1.76 million.

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

The median PSF stands at RM 883, with core pricing between RM 792 and RM 974. Market pricing typically extends from RM 809.63 to RM 956.38, reflecting moderate variation in unit pricing. With an IQR of RM 146.75 and MAD of RM 91, 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. 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.

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THE LIGHT COLLECTION III, Timur Laut, Penang

OSM

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Transactions

5 transactions found

RM 1,850,000
Level 3
1,862 sqft RM 993.00 PSF
RM 1,350,000
Level 5
1,528 sqft RM 883.00 PSF
RM 1,650,000
Level 8
1,582 sqft RM 1,043.00 PSF
RM 1,600,000
Level 2
1,916 sqft RM 835.00 PSF
RM 1,500,000
Level 4
1,862 sqft RM 806.00 PSF

No Properties For Sale

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

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