THE LIGHT POINT Property Investment Analysis

Georgetown, Timur Laut, Penang

Median Price
RM 1,090,000
CAGR
+20.3%
Median PSF
RM 937.50
CAGR
+2.1%
Transactions
16
Period
2021-2024

THE LIGHT POINT in Timur Laut, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 938.

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 1.09 million, with most transactions falling within a stable range of RM 904K to RM 1.28 million, and a typical market range of RM 840K to RM 1.47 million.

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

For price per square foot, the median is RM 938, with most transactions between RM 873 and RM 1,002. The usual range is RM 861.13 to RM 1,013.88, showing that most units are priced quite close to each other. With an IQR of RM 152.75 and MAD of RM 65, 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.

ADVANCED FILTERS

TRANSACTIONS

16 found
Condominium/Apartment
RM 1,850,000
PSF: RM 960.00
Area: 1,927 sqft
Date: Aug 2024
Condominium/Apartment
RM 1,700,000
PSF: RM 882.00
Area: 1,927 sqft
Date: Apr 2024
Condominium/Apartment
RM 1,800,000
PSF: RM 984.00
Area: 1,830 sqft
Date: Feb 2024
Condominium/Apartment
RM 2,380,000
PSF: RM 1,235.00
Area: 1,927 sqft
Date: Dec 2023
Condominium/Apartment
RM 1,028,000
PSF: RM 975.00
Area: 1,055 sqft
Date: Jun 2023
Condominium/Apartment
RM 1,049,000
PSF: RM 994.00
Area: 1,055 sqft
Date: Jun 2023
Condominium/Apartment
RM 840,000
PSF: RM 796.00
Area: 1,055 sqft
Date: May 2023
Condominium/Apartment
RM 1,520,000
PSF: RM 789.00
Area: 1,927 sqft
Date: Aug 2022
Condominium/Apartment
RM 1,750,000
PSF: RM 1,029.00
Area: 1,701 sqft
Date: Jun 2022
Condominium/Apartment
RM 1,010,000
PSF: RM 938.00
Area: 1,076 sqft
Date: May 2022
Condominium/Apartment
RM 968,000
PSF: RM 789.00
Area: 1,227 sqft
Date: May 2022
Condominium/Apartment
RM 1,850,000
PSF: RM 834.00
Area: 2,217 sqft
Date: Apr 2022
Condominium/Apartment
RM 1,003,000
PSF: RM 951.00
Area: 1,055 sqft
Date: Mar 2022
Condominium/Apartment
RM 1,100,000
PSF: RM 571.00
Area: 1,927 sqft
Date: Mar 2022
Condominium/Apartment
RM 988,000
PSF: RM 937.00
Area: 1,055 sqft
Date: Dec 2021
Condominium/Apartment
RM 1,080,000
PSF: RM 865.00
Area: 1,249 sqft
Date: Mar 2021