THE LIGHT COLLECTION 1
Residential Market
Median Price
RM 1,300,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
19 properties
Median Price
RM 1,280,000
-0.5% CAGR
Median PSF
RM 808.00
+1.2% CAGR
Detached
1 properties
Median Price
RM 3,050,000
Median PSF
RM 977.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Condo/Apartment | 19 |
RM 1,280,000
±30K MAD
|
-0.51% |
RM 808.00
±28 MAD
|
+1.24% | |
| Detached | 1 |
RM 3,050,000
|
- |
RM 977.00
|
- |
THE LIGHT COLLECTION 1 in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 851.
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 851, with most transactions between RM 851 and RM 851. The usual range is RM 796.38 to RM 905.63, showing that most units are priced quite close to each other. With an IQR of RM 109.25 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 1,300,000
|
RM 851.00
|
1,528 sqft
|
Jul 2024
|
||
|
RM 1,300,000
|
RM 851.00
|
1,528 sqft
|
May 2024
|