Area Intelligence

THE LIGHT COLLECTION II

4 properties
2021
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Median Price
RM 1,565,000
PSF: RM 901

Residential Market

Median Price

RM 1,565,000

IQR: RM 341
MAD: RM 109
RM 901 PSF 3.6%

PSF Trends (2021-2025)

THE LIGHT COLLECTION II in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 1.57 million and a median price per square foot (PSF) of RM 901.

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 1.57 million, with most transactions falling within a stable range of RM 1.40 million to RM 1.75 million, and a typical market range of RM 1.40 million to RM 1.90 million.

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

For price per square foot, the median is RM 901, with most transactions between RM 858 and RM 943. The usual range is RM 730.00 to RM 1,071.00, showing that most units are priced quite close to each other. With an IQR of RM 341.00 and MAD of RM 43, 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 II, Timur Laut, Penang

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Transactions

4 properties found

Condo/Apartment
RM 1,530,000
1,701 sqft Dec 2021
RM 900.00 PSF
Condo/Apartment
RM 1,600,000
1,701 sqft Sep 2021
RM 941.00 PSF
Condo/Apartment
RM 1,900,000
2,110 sqft Sep 2021
RM 901.00 PSF
Condo/Apartment
RM 1,400,000
1,701 sqft May 2021
RM 823.00 PSF