| LIST.MY · Summer Place | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 10
|
RM680,000
|
RM613
|
1,109 sqft
|
|
Condo |
|
Level 16
|
RM700,000
|
RM631
|
1,109 sqft
|
|
Condo |
| 2022 | |||||
|
Level 9
|
RM675,000
|
RM609
|
1,109 sqft
|
|
Condo |
|
Level 19
|
RM678,000
|
RM612
|
1,109 sqft
|
|
Condo |
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Summer Place
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM679,000
RM612 psfMedian transaction price
Does SUMMER PLACE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Summer Place, Jelutong, Penang, Malaysia
MapsSummer Place in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM679K and a median price per square foot (PSF) of RM612.
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 RM679K, with most transactions falling within a stable range of RM675K to RM689K, and a typical market range of RM675K to RM700K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM612, with most transactions between RM604 and RM621. The usual range is RM583.19 to RM641.69, showing that most units are priced quite close to each other. With an IQR of RM58.50 and MAD of RM9, 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.