| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 6
|
RM1,198,000
|
RM757
|
1,582 sqft
|
|
|
|
Level 5
|
RM1,260,000
|
RM796
|
1,582 sqft
|
|
|
|
Level 8
|
RM1,280,000
|
RM809
|
1,582 sqft
|
|
|
|
Level 7
|
RM1,310,000
|
RM822
|
1,593 sqft
|
|
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The Light Collection 1
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM1,260,000
RM796 psfMedian transaction price
Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia
MapsThe Light Collection 1 in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM1.26 million and a median price per square foot (PSF) of RM796.
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 RM1.26 million, with most transactions falling within a stable range of RM1.15 million to RM1.31 million, and a typical market range of RM1.16 million to RM1.31 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM796, with most transactions between RM736 and RM857. The usual range is RM741.69 to RM850.94, showing that most units are priced quite close to each other. With an IQR of RM109.25 and MAD of RM61, 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.