The Light Point

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

Property Transactions

3 subsales grouped by size

Median
RM2,000,000
PSF
RM979

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,900 sqft
Condo
RM1,845,000
Level 6
1,884 sqft · RM979 PSF
2,150 sqft
Condo
RM2,000,000
Level 8
2,164 sqft · RM924 PSF
RM2,200,000
Level 6
2,153 sqft · RM1,022 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM2,000,000

RM979 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 3 subsale transactions in 2023, with a median price of RM2.00 million and a median price per square foot (PSF) of RM979.

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 RM2.00 million, with most transactions falling within a stable range of RM1.85 million to RM2.15 million, and a typical market range of RM1.85 million to RM2.16 million.

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

For price per square foot, the median is RM979, with most transactions between RM940 and RM1,019. The usual range is RM906.10 to RM1,052.85, showing that most units are priced quite close to each other. With an IQR of RM146.75 and MAD of RM40, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.