| LIST.MY · The Light Linear | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Level 12
|
RM1,100,000
|
RM700
|
1,572 sqft
|
|
Condo |
|
Level 10
|
RM950,000
|
RM644
|
1,475 sqft
|
|
Condo |
|
Level 5
|
RM1,000,000
|
RM645
|
1,550 sqft
|
|
Condo |
|
Level 12
|
RM935,000
|
RM634
|
1,475 sqft
|
|
Condo |
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The Light Linear
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
ResidentialRM975,000
RM645 psfMedian transaction price
Does THE LIGHT LINEAR 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
Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia
MapsThe Light Linear in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM975K and a median price per square foot (PSF) of RM645.
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 RM975K, with most transactions falling within a stable range of RM935K to RM1.04 million, and a typical market range of RM935K to RM1.05 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM645, with most transactions between RM619 and RM671. The usual range is RM604.19 to RM685.19, showing that most units are priced quite close to each other. With an IQR of RM81.00 and MAD of RM26, 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.