The Light Collection Ii

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

Property Transactions

8 subsales grouped by size

Median
RM1,430,000
PSF
RM1,074
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Condo
RM638,000
Level 2
517 sqft · RM1,235 PSF
RM630,000
Level 2
517 sqft · RM1,219 PSF
600 sqft
Condo
RM745,000
Level 2
581 sqft · RM1,282 PSF
1,700 sqft
Condo
RM1,480,000
Level 4
1,701 sqft · RM870 PSF
RM2,130,000
Level 1
1,701 sqft · RM1,252 PSF
RM1,580,000
Level 1
1,701 sqft · RM929 PSF
RM1,380,000
Level 4
1,701 sqft · RM811 PSF
1,850 sqft
Condo
RM1,600,000
Level 2
1,851 sqft · RM864 PSF
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Market Snapshot

Residential

RM1,430,000

RM1,074 psf

Median transaction price

Low

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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 8 subsale transactions in 2023, with a median price of RM1.43 million and a median price per square foot (PSF) of RM1,074.

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 RM1.43 million, with most transactions falling within a stable range of RM919K to RM1.94 million, and a typical market range of RM1.06 million to RM1.80 million.

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

The median PSF stands at RM1,074, with core pricing between RM882 and RM1,266. Market pricing typically extends from RM903.69 to RM1,244.69, reflecting moderate variation in unit pricing. The spread of RM341.00 (IQR) and deviation of RM192 (MAD) suggest moderate price variations reflecting different property features.

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.