Penang
Timur Laut
Georgetown
THE LIGHT LINEAR

THE LIGHT LINEAR

Area Intelligence

2021

Median Price

RM 975,000

PSF: RM 645

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Residential PSF Trends

Median Price

RM 975,000

PSF: RM 645

THE LIGHT LINEAR in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 975K and a median price per square foot (PSF) of RM 645.

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 975K, with most transactions falling within a stable range of RM 935K to RM 1.04 million, and a typical market range of RM 935K to RM 1.05 million.

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

For price per square foot, the median is RM 645, with most transactions between RM 619 and RM 670. The usual range is RM 604.00 to RM 685.00, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 26, 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 LINEAR, Timur Laut, Penang

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