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 |
|---|
|
Level 10
|
RM 1,003,000
|
RM 951
|
1,055 sqft
|
|
|
Level 17
|
RM 1,010,000
|
RM 938
|
1,076 sqft
|
|
|
Level 1
|
RM 1,750,000
|
RM 1,029
|
1,701 sqft
|
|
|
Level 15
|
RM 1,520,000
|
RM 789
|
1,927 sqft
|
|
|
|
Level 6
|
RM 1,100,000
|
RM 571
|
1,927 sqft
|
|
|
Level 26
|
RM 1,850,000
|
RM 834
|
2,217 sqft
|
|
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Market Snapshot
ResidentialRM 1,100,000
RM 834 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 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. The median price is RM 1.10 million, with most transactions falling within a stable range of RM 968K to RM 1.45 million, and a typical market range of RM 968K to RM 1.48 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 834, with core pricing between RM 695 and RM 973. Market pricing typically extends from RM 757.95 to RM 910.70, reflecting moderate variation in unit pricing. The spread of RM 152.75 (IQR) and deviation of RM 139 (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.