The Light Point

1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia

Property Transactions

13 subsales found

Median
RM1,700,000
PSF
RM837

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM1,700,000
Level 5
1,851 sqft RM918 PSF
RM1,700,000
Level 3
2,164 sqft RM786 PSF
RM1,900,000
Level 4
2,164 sqft RM878 PSF
RM1,880,000
Level 10
1,851 sqft RM1,015 PSF
RM1,550,000
Level 5
1,862 sqft RM832 PSF
RM1,770,000
Level 8
2,174 sqft RM814 PSF
RM3,000,000
Level 1-3
3,735 sqft RM803 PSF
RM1,550,000
Level 6
1,851 sqft RM837 PSF
RM1,590,000
Level 6
1,851 sqft RM859 PSF
RM1,580,000
Level 4
1,862 sqft RM848 PSF
RM1,530,000
Level 3
1,884 sqft RM812 PSF
RM1,880,000
Level 8
2,174 sqft RM865 PSF
RM1,250,000
Level 5
1,582 sqft RM790 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,700,000

RM837 psf

Median transaction price

Low

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The Light Collection Iii
© OpenStreetMap · CARTO

1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia

Maps

The Light Point in Timur Laut, Penang recorded 13 subsale transactions in 2022, with a median price of RM1.70 million and a median price per square foot (PSF) of RM837.

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 RM1.70 million, with most transactions falling within a stable range of RM1.30 million to RM2.10 million, and a typical market range of RM1.54 million to RM1.86 million.

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

For price per square foot, the median is RM837, with most transactions between RM778 and RM897. The usual range is RM763.84 to RM910.59, showing that most units are priced quite close to each other. With an IQR of RM146.75 and MAD of RM60, 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.