PropMedian transaction data
THE LIGHT COLLECTION II Transaction Price & PSF
THE LIGHT COLLECTION II · Condominium/Apartment · Timur Laut · Pulau Pinang · Data through September 2024
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.
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.
View market hub →Browse current listings
Compare asking prices with the transaction benchmark.
View matching listings →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.
Floor PSF is the median of valid transaction-level floor PSF values using main floor area, not median price divided by median floor area.
Unavailable measurements are not estimated or inferred.
Floor PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.