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 |
| 2023 | |||||
|
Level 14
|
RM 2,380,000
|
RM 1,235
|
1,927 sqft
|
|
Condo |
| 2022 | |||||
|
Level 15
|
RM 1,520,000
|
RM 789
|
1,927 sqft
|
|
Condo |
|
Level 6
|
RM 1,100,000
|
RM 571
|
1,927 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 1,700,000
RM 882 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 5 subsale transactions between 2021 and 2026, sized between 1,925 and 1,974 sqft, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 882.
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 1.70 million, with most transactions falling within a stable range of RM 1.28 million to RM 2.12 million, and a typical market range of RM 1.32 million to RM 2.08 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 882, though individual units vary from RM 665 to RM 1,100 in the core range. The broader market spans RM 805.95 to RM 958.70, indicating diverse property characteristics. The spread of RM 152.75 (IQR) and deviation of RM 217 (MAD) suggest moderate price variations reflecting different property features.
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.