The Light Collection Ii

The Light Collection (Guard House, 2, Jln Pantai Sinaran, Gelugor, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM1,565,000
PSF
RM900
Price Size
Period
transactions middle 50% (P25–P75)
1,700 sqft
Condo
RM1,530,000
Level 4
1,701 sqft · RM900 PSF
RM1,600,000
Level 5
1,701 sqft · RM941 PSF
RM1,400,000
Level 3
1,701 sqft · RM823 PSF
2,100 sqft
Condo
RM1,900,000
Level 4
2,110 sqft · RM901 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,565,000

RM900 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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The Light Collection (Guard House, 2, Jln Pantai Sinaran, Gelugor, Pulau Pinang, Malaysia

Maps

The Light Collection Ii in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM1.57 million and a median price per square foot (PSF) of RM900.

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 RM1.57 million, with most transactions falling within a stable range of RM1.40 million to RM1.75 million, and a typical market range of RM1.40 million to RM1.90 million.

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

For price per square foot, the median is RM900, with most transactions between RM858 and RM943. The usual range is RM729.61 to RM1,070.61, showing that most units are priced quite close to each other. With an IQR of RM341.00 and MAD of RM43, 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.