BandingHouse

The Light Collection II

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in The Light Collection II have sold for a median of

RM1,355,000

RM941 psf on the recorded floor area

RM697,500median RM1,355,000RM1,600,000

Half of the 31 recorded sales fell between RM697,500 and RM1,600,000. One in ten went under RM630,000, one in ten over RM1,700,000. Sales run from 18 May 2021 to 20 September 2024.

Up 11% from a RM1,290,000 median in 2022 to RM1,430,000 in 2023.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM1,565,000RM900 psf4
2022RM1,290,000RM936 psf15
2023RM1,430,000RM1074 psf8
2024RM1,467,500RM1001 psf4

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, The Light Collection II sits 147 of 154 in that set.

140 cheaper schemes above

1 dearer scheme below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. The Light Collection II’s own median is RM1,355,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM1,355,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM135,500
  • Transfer duty (MOT): RM38,200
  • Loan duty (0.5%): RM6,098
  • Total cash: RM179,798

Monthly carry

  • Instalment (35y @ 4.00%): RM5,400
  • Total monthly: RM5,400

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in The Light Collection II sold for?
A median of RM1,355,000 (RM941 psf), from 31 land-office transactions between 18 May 2021 and 20 September 2024.
What is a typical band here?
Half of recorded sales fell between RM697,500 and RM1,600,000. One in ten went under RM630,000; one in ten over RM1,700,000.
Has the median moved?
From RM1,290,000 in 2022 to RM1,430,000 in 2023 (+11%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.