Summer Place

Jelutong, Penang, Malaysia

Property Transactions

9 subsales found

Median
RM955,000
PSF
RM652

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM880,000
Level 2
1,464 sqft RM601 PSF
RM955,000
Level 8
1,464 sqft RM652 PSF
RM1,100,000
Level 20
1,464 sqft RM751 PSF
RM950,000
Level 20
1,464 sqft RM649 PSF
RM948,000
Level 7
1,464 sqft RM648 PSF
RM1,120,000
Level 13
1,464 sqft RM765 PSF
RM980,000
Level 4
1,464 sqft RM669 PSF
RM1,000,000
Level 14
1,464 sqft RM683 PSF
RM765,000
Level 2
1,464 sqft RM523 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM955,000

RM652 psf

Median transaction price

Low

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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 9 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM955K and a median price per square foot (PSF) of RM652.

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 RM955K, with most transactions falling within a stable range of RM854K to RM1.06 million, and a typical market range of RM867K to RM1.04 million.

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

The median PSF stands at RM652, with core pricing between RM583 and RM721. Market pricing typically extends from RM623.12 to RM681.62, reflecting moderate variation in unit pricing. With an IQR of RM58.50 and MAD of RM69, 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.