Area Intelligence

THE LIGHT COLLECTION IV

3 properties
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Median Price
RM 2,222,000
PSF: RM 980

Residential Market

Median Price

RM 2,222,000

IQR: RM 20
MAD: RM 12
RM 980 PSF 1.4%

PSF Trends (2021-2025)

THE LIGHT COLLECTION IV in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 980.

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 2.22 million, with most transactions falling within a stable range of RM 2.08 million to RM 2.36 million, and a typical market range of RM 2.12 million to RM 2.33 million.

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

For price per square foot, the median is RM 980, with most transactions between RM 968 and RM 992. The usual range is RM 970.00 to RM 990.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 12 indicate a highly stable PSF trend across properties.

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.

Area Location

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THE LIGHT COLLECTION IV, Timur Laut, Penang

OSM

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Transactions

3 properties grouped by size

2,200 sqft
1 units Condo/Apartment
RM 2,080,000
2,185 sqft · RM 952.00 PSF
Nov 2023
2,250 sqft
1 units Condo/Apartment
RM 2,222,000
2,239 sqft · RM 992.00 PSF
Feb 2022
2,550 sqft
1 units Condo/Apartment
RM 2,500,000
2,551 sqft · RM 980.00 PSF
Sep 2021