The Light Collection Ii

The Light Collection (Guard House, 2, Jln Pantai Sinaran, Gelugor, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM1,467,500
PSF
RM1,001
Price Size
Period
transactions middle 50% (P25–P75)
500 sqft
Condo
RM650,000
Level 3
517 sqft · RM1,258 PSF
1,350 sqft
Condo
RM1,300,000
Level 1
1,367 sqft · RM951 PSF
1,700 sqft
Condo
RM1,635,000
Level 3
1,701 sqft · RM961 PSF
RM1,770,000
Level 4
1,701 sqft · RM1,041 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,467,500

RM1,001 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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The Light Collection (Guard House, 2, Jln Pantai Sinaran, Gelugor, Pulau Pinang, Malaysia

Maps

The Light Collection Ii in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM1.47 million and a median price per square foot (PSF) of RM1,001.

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 RM1.47 million, with most transactions falling within a stable range of RM1.03 million to RM1.77 million, and a typical market range of RM1.10 million to RM1.77 million.

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

The median PSF stands at RM1,001, with core pricing between RM878 and RM1,125. Market pricing typically extends from RM830.56 to RM1,171.56, reflecting moderate variation in unit pricing. With an IQR of RM341.00 and MAD of RM123, 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.