The Light Point
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
| LIST.MY · The Light Point | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 14
|
RM2,380,000
|
RM1,235
|
1,927 sqft
|
|
Condo |
|
Level 20
|
RM1,028,000
|
RM975
|
1,055 sqft
|
|
Condo |
|
Level 22
|
RM1,049,000
|
RM994
|
1,055 sqft
|
|
Condo |
|
Level 8
|
RM840,000
|
RM796
|
1,055 sqft
|
|
Condo |
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The Light Point
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM1,038,500
RM984 psfMedian transaction price
Does THE LIGHT POINT rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
1A-3-1, The Light Point, Jln Pantai Sinaran, Georgetown, 11600 George Town, Pulau Pinang, Malaysia
MapsThe Light Point in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM1.04 million and a median price per square foot (PSF) of RM984.
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 RM1.04 million, with most transactions falling within a stable range of RM840K to RM1.65 million, and a typical market range of RM840K to RM1.42 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM984, with core pricing between RM828 and RM1,141. Market pricing typically extends from RM908.12 to RM1,060.87, reflecting moderate variation in unit pricing. The spread of RM152.75 (IQR) and deviation of RM156 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.