PropMedian transaction data

THE LIGHT COLLECTION II Transaction Price & PSF

THE LIGHT COLLECTION II · Condominium/Apartment · Timur Laut · Pulau Pinang · Data through September 2024

Median price
RM1,367,500
Median Parcel PSF
RM940.79 psf96.7% usable coverage
Transactions
30
Data period
September 2024From May 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This article provides a focused view of the residential market for THE LIGHT COLLECTION II in Timur Laut, Georgetown, Pulau Pinang. It explains how to interpret the transaction benchmarks from the scheme data and how readers can use that information without implying future price movements or guarantees.

Market overview

The available data shows a mix of activity within the residential segment, with Condominium/Apartment representing the residential category linked to THE LIGHT COLLECTION II. The dataset captures transactions across the local area over time, indicating ongoing participation rather than a single peak period. Readers should view benchmarks as a way to contextualize past activity while recognizing that individual properties differ in features and circumstances.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
30
Median price
RM1,367,500
Median parcel area
1,701 sqft
Median Parcel PSF
RM940.79 psf
PSF coverage
96.7%

In this market snapshot, the Condominium/Apartment category is the residential type shown for THE LIGHT COLLECTION II in Timur Laut and Georgetown. Readers should compare this category separately against other residential types when using benchmarks from the data.

How to interpret this market

Readers can use transaction benchmarks as contextual reference points drawn from the scheme data. Remember that an individual property may differ in size, condition, layout or view, and benchmarks summarize past activity rather than predict outcomes for a specific unit.

Explore the wider market

Compare this scheme with the relevant district and property-type market.

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Frequently asked questions

What does the transaction benchmark show for THE LIGHT COLLECTION II in the residential segment?

The benchmark reflects recorded transactions within the scheme and residential segment in Timur Laut, Georgetown, Pulau Pinang, and is intended to help readers compare past activity without implying future results or guarantees.

Which property type is represented in the data for the selected scheme?

Condominium/Apartment is the residential property type shown for THE LIGHT COLLECTION II in this snapshot.

How should I use benchmarks when evaluating a specific property?

Use benchmarks as context from the scheme data and the same property category, while recognizing that an individual property may differ in features and circumstances.

Summary

To form a cautious understanding, compare property types within the same scheme and use transaction benchmarks as a contextual framework rather than a predictor for any particular unit.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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THE LIGHT COLLECTION II Price & PSF | PropMedian