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Penang, Timur Laut, Georgetown

THE LIGHT POINT

Area Intelligence
2023
Median Price
RM 1,038,500
PSF: RM 985
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Residential PSF Trends

Median Price

RM 1,038,500

PSF: RM 985

THE LIGHT POINT in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 985.

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 1.04 million, with most transactions falling within a stable range of RM 840K to RM 1.65 million, and a typical market range of RM 840K to RM 1.42 million.

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

The median PSF stands at RM 985, with core pricing between RM 828 and RM 1,141. Market pricing typically extends from RM 908.13 to RM 1,060.88, reflecting moderate variation in unit pricing. The spread of RM 152.75 (IQR) and deviation of RM 156 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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THE LIGHT POINT, Timur Laut, Penang

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Transactions

4 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,050 sqft
Condo/Apartment
RM 1,028,000
Level 20
1,055 sqft · RM 975 PSF
RM 1,049,000
Level 22
1,055 sqft · RM 994 PSF
RM 840,000
Level 8
1,055 sqft · RM 796 PSF
1,950 sqft
Condo/Apartment
RM 2,380,000
Level 14
1,927 sqft · RM 1,235 PSF

No Properties For Sale

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

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