THE LIGHT LINEAR

THE LIGHT LINEAR in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 712.

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 1.05 million, with most transactions falling within a stable range of RM 973K to RM 1.13 million, and a typical market range of RM 970K to RM 1.13 million.

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

For price per square foot, the median is RM 712, with most transactions between RM 663 and RM 761. The usual range is RM 668.75 to RM 755.25, showing that most units are priced quite close to each other. With an IQR of RM 86.50 and MAD of RM 49, 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.