The Light Collection 1

Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM1,207,500

RM767 psf

Median transaction price

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Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

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The Light Collection 1 in Timur Laut, Penang recorded 0 subsale transactions in 2025, with a median price of RM1.21 million and a median price per square foot (PSF) of RM767.

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 RM1.21 million, with most transactions falling within a stable range of RM1.10 million to RM1.31 million, and a typical market range of RM1.11 million to RM1.31 million.

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

For price per square foot, the median is RM767, with most transactions between RM712 and RM821. The usual range is RM711.88 to RM821.13, showing that most units are priced quite close to each other. With an IQR of RM109.25 and MAD of RM55, 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.