Area Intelligence

THE LIGHT COLLECTION 1

18 properties
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Median Price
RM 1,199,000
PSF: RM 764

Residential Market

Median Price

RM 1,199,000

IQR: RM 109
MAD: RM 55
RM 764 PSF 1.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE LIGHT COLLECTION 1 in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 764.

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 1.20 million, with most transactions falling within a stable range of RM 1.07 million to RM 1.33 million, and a typical market range of RM 1.10 million to RM 1.30 million.

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

The median PSF stands at RM 764, with core pricing between RM 686 and RM 841. Market pricing typically extends from RM 708.88 to RM 818.13, reflecting moderate variation in unit pricing. With an IQR of RM 109.25 and MAD of RM 78, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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THE LIGHT COLLECTION 1, Timur Laut, Penang

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Transactions

18 properties grouped by size

1,550 sqft
10 units (showing 6) Condo/Apartment
RM 1,300,000
1,528 sqft · RM 851.00 PSF
Jul 2024
RM 1,300,000
1,528 sqft · RM 851.00 PSF
May 2024
RM 1,000,000
1,528 sqft · RM 654.00 PSF
Nov 2023
RM 1,100,000
1,528 sqft · RM 720.00 PSF
Nov 2022
RM 1,100,000
1,528 sqft · RM 720.00 PSF
Sep 2022
RM 1,000,000
1,528 sqft · RM 654.00 PSF
Jul 2022
1,600 sqft
8 units Condo/Apartment
RM 1,198,000
1,582 sqft · RM 757.00 PSF
Sep 2023
RM 1,260,000
1,582 sqft · RM 796.00 PSF
Aug 2023
RM 1,280,000
1,582 sqft · RM 809.00 PSF
Aug 2023
RM 1,310,000
1,593 sqft · RM 822.00 PSF
Mar 2023
RM 1,000,000
1,582 sqft · RM 632.00 PSF
Oct 2022
RM 1,215,000
1,582 sqft · RM 768.00 PSF
Jul 2022
RM 1,200,000
1,582 sqft · RM 758.00 PSF
Feb 2022
RM 1,400,000
1,582 sqft · RM 885.00 PSF
Oct 2021