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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 26
|
RM 1,850,000
|
RM 960
|
1,927 sqft
|
|
Condo |
|
Level 25
|
RM 1,700,000
|
RM 882
|
1,927 sqft
|
|
Condo |
|
Level 20
|
RM 1,800,000
|
RM 984
|
1,830 sqft
|
|
Condo |
| 2023 | |||||
|
Level 14
|
RM 2,380,000
|
RM 1,235
|
1,927 sqft
|
|
Condo |
|
Level 20
|
RM 1,028,000
|
RM 975
|
1,055 sqft
|
|
Condo |
|
Level 22
|
RM 1,049,000
|
RM 994
|
1,055 sqft
|
|
Condo |
|
Level 8
|
RM 840,000
|
RM 796
|
1,055 sqft
|
|
Condo |
| 2022 | |||||
|
Level 15
|
RM 1,520,000
|
RM 789
|
1,927 sqft
|
|
Condo |
|
Level 1
|
RM 1,750,000
|
RM 1,029
|
1,701 sqft
|
|
Condo |
|
Level 17
|
RM 1,010,000
|
RM 938
|
1,076 sqft
|
|
Condo |
|
Level 14
|
RM 968,000
|
RM 789
|
1,227 sqft
|
|
Condo |
|
Level 26
|
RM 1,850,000
|
RM 834
|
2,217 sqft
|
|
Condo |
|
Level 10
|
RM 1,003,000
|
RM 951
|
1,055 sqft
|
|
Condo |
|
Level 6
|
RM 1,100,000
|
RM 571
|
1,927 sqft
|
|
Condo |
| 2021 | |||||
|
Level 17
|
RM 988,000
|
RM 937
|
1,055 sqft
|
|
Condo |
|
Level 11
|
RM 1,080,000
|
RM 865
|
1,249 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 1,090,000
RM 938 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 16 subsale transactions between 2021 and 2026, 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 874 and RM 1,003. The usual range is RM 861.95 to RM 1,014.70, 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.