| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 16
|
RM735,000
|
RM726
|
1,012 sqft
|
|
|
|
Level 20
|
RM680,000
|
RM672
|
1,012 sqft
|
|
|
|
Level 18
|
RM550,000
|
RM544
|
1,012 sqft
|
|
|
|
Level 6
|
RM530,000
|
RM524
|
1,012 sqft
|
|
|
Level 8
|
RM955,000
|
RM652
|
1,464 sqft
|
|
|
|
Level 20
|
RM1,100,000
|
RM751
|
1,464 sqft
|
|
|
|
Level 20
|
RM950,000
|
RM649
|
1,464 sqft
|
|
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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
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Market Snapshot
ResidentialRM735,000
RM652 psfMedian transaction price
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
MapsSummer Place in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM735K 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 RM735K, with most transactions falling within a stable range of RM532K to RM938K, and a typical market range of RM647K to RM823K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM652, with core pricing between RM573 and RM731. 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 RM79, 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. Limited transaction history suggests carefully evaluating comparable sales data.