Penang
Timur Laut
Georgetown
THE LIGHT POINT

THE LIGHT POINT

Area Intelligence

2022

Median Price

RM 1,100,000

PSF: RM 834

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 1,100,000

PSF: RM 834

THE LIGHT POINT in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 834.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 834, with most transactions between RM 834 and RM 834. The usual range is RM 757.63 to RM 910.38, showing that most units are priced quite close to each other. With an IQR of RM 152.75 and MAD of RM 0, 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.

Loading map...

THE LIGHT POINT, Timur Laut, Penang

OSM