Summer Place

Jelutong, Penang, Malaysia

Property Transactions

21 subsales found

Median
RM640,000
PSF
RM633

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM640,000
Level 13
1,012 sqft RM633 PSF
RM610,000
Level 12
1,012 sqft RM603 PSF
RM800,000
Level 16
1,012 sqft RM791 PSF
RM650,000
Level 13
1,012 sqft RM642 PSF
RM650,000
Level 19
1,012 sqft RM642 PSF
RM735,000
Level 16
1,012 sqft RM726 PSF
RM680,000
Level 20
1,012 sqft RM672 PSF
RM550,000
Level 18
1,012 sqft RM544 PSF
RM530,000
Level 6
1,012 sqft RM524 PSF
RM575,000
Level 2
1,012 sqft RM568 PSF
RM750,000
Level 11
1,012 sqft RM741 PSF
RM700,000
Level 14
1,012 sqft RM692 PSF
RM650,000
Level 4
1,012 sqft RM642 PSF
RM630,000
Level 11
1,012 sqft RM623 PSF
RM625,000
Level 18
1,012 sqft RM618 PSF
RM650,000
Level 6
1,012 sqft RM642 PSF
RM580,000
Level 20
1,012 sqft RM573 PSF
RM600,000
Level 20
1,012 sqft RM593 PSF
RM700,000
Level 12
1,012 sqft RM692 PSF
RM638,000
Level 8
1,012 sqft RM631 PSF
RM595,000
Level 14
1,012 sqft RM588 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM640,000

RM633 psf

Median transaction price

Low

Does SUMMER PLACE rent out well?

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

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Summer Place, Jelutong, Penang, Malaysia

Maps

Summer Place in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM640K and a median price per square foot (PSF) of RM633.

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 RM640K, with most transactions falling within a stable range of RM575K to RM705K, and a typical market range of RM552K to RM728K.

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

The median PSF stands at RM633, with core pricing between RM568 and RM697. Market pricing typically extends from RM603.28 to RM661.78, reflecting moderate variation in unit pricing. With an IQR of RM58.50 and MAD of RM64, 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.