The Light Collection 1

Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Median
RM1,132,500
PSF
RM739

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,550 sqft
Condo
RM1,100,000
Level 8
1,528 sqft · RM720 PSF
RM1,100,000
Level 8
1,528 sqft · RM720 PSF
RM1,000,000
Level 4
1,528 sqft · RM654 PSF
RM1,165,000
Level 7
1,528 sqft · RM762 PSF
1,600 sqft
Condo
RM1,000,000
Level 2
1,582 sqft · RM632 PSF
RM1,215,000
Level 3
1,582 sqft · RM768 PSF
RM1,200,000
Level 8
1,582 sqft · RM758 PSF
3,100 sqft
Bungalow
RM3,050,000
Jalan Pantai Sinaran
3,122 sqft · RM977 PSF
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Market Snapshot

Residential

RM1,132,500

RM739 psf

Median transaction price

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Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

The Light Collection 1 in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM1.13 million and a median price per square foot (PSF) of RM739.

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 RM1.13 million, with most transactions falling within a stable range of RM1.00 million to RM1.78 million, and a typical market range of RM1.03 million to RM1.23 million.

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

The median PSF stands at RM739, with core pricing between RM641 and RM837. Market pricing typically extends from RM684.41 to RM793.66, reflecting moderate variation in unit pricing. With an IQR of RM109.25 and MAD of RM98, 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.