The Light Point

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

Property Transactions

4 subsales found

Median
RM1,038,500
PSF
RM984
Price Size
Period
transactions middle 50% (P25–P75)
RM2,380,000
Level 14
1,927 sqft RM1,235 PSF
RM1,028,000
Level 20
1,055 sqft RM975 PSF
RM1,049,000
Level 22
1,055 sqft RM994 PSF
RM840,000
Level 8
1,055 sqft RM796 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,038,500

RM984 psf

Median transaction price

Low

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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 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.