THE LIGHT LINEAR

Area Intelligence
2023
Median Price
RM 1,050,000
PSF: RM 712

Residential PSF Trends

Median Price

RM 1,050,000

PSF: RM 712

THE LIGHT LINEAR in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 712.

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 1.05 million, with most transactions falling within a stable range of RM 973K to RM 1.13 million, and a typical market range of RM 975K to RM 1.13 million.

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

For price per square foot, the median is RM 712, with most transactions between RM 663 and RM 761. The usual range is RM 671.50 to RM 752.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 49, 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

OSM

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Transactions

5 transactions grouped by size

1,450 sqft
Condo/Apartment
RM 1,050,000
Level 17
1,475 sqft · RM 712 PSF
RM 970,000
Level 6
1,475 sqft · RM 658 PSF
RM 1,080,000
Level 13
1,475 sqft · RM 732 PSF
1,550 sqft
Condo/Apartment
RM 1,175,000
Level 12
1,572 sqft · RM 748 PSF
RM 970,000
Level 9
1,572 sqft · RM 617 PSF

No Properties For Sale

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

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