The Light Linear

Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM1,050,000
PSF
RM712
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
Condo
RM1,050,000
Level 17
1,475 sqft · RM712 PSF
RM970,000
Level 6
1,475 sqft · RM658 PSF
RM1,080,000
Level 13
1,475 sqft · RM732 PSF
1,550 sqft
Condo
RM1,175,000
Level 12
1,572 sqft · RM748 PSF
RM970,000
Level 9
1,572 sqft · RM617 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM1,050,000

RM712 psf

Median transaction price

Low

Does THE LIGHT LINEAR rent out well?

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

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Jln Pantai Sinaran, 11700 Gelugor, Pulau Pinang, Malaysia

Maps

The Light Linear in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM1.05 million and a median price per square foot (PSF) of RM712.

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 RM1.05 million, with most transactions falling within a stable range of RM973K to RM1.13 million, and a typical market range of RM975K to RM1.13 million.

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

For price per square foot, the median is RM712, with most transactions between RM663 and RM761. The usual range is RM671.53 to RM752.53, showing that most units are priced quite close to each other. With an IQR of RM81.00 and MAD of RM49, 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.