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
| Road | Price | PSF | Size | Date | Type |
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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
ResidentialRM1,034,000
RM901 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 2 subsale transactions in 2021, with a median price of RM1.03 million and a median price per square foot (PSF) of RM901.
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 RM1.03 million, with most transactions falling within a stable range of RM988K to RM1.08 million, and a typical market range of RM988K to RM1.08 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM901, with most transactions between RM865 and RM937. The usual range is RM824.42 to RM977.17, showing that most units are priced quite close to each other. With an IQR of RM152.75 and MAD of RM36, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.