Summit Inn Dev.

Batu Ferringhi, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM71,500
PSF
RM180
Period
transactions middle 50% (P25–P75)
RM50,000
Level 4
517 sqft RM97 PSF
RM93,000
Level 4
517 sqft RM180 PSF
Legend Recent Highest Price Highest PSF

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RM71,500
Median sold price
RM180 psf on average

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RM71,500 median

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Summit Inn Dev. in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM72K and a median price per square foot (PSF) of RM180.

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 RM72K, with most transactions falling within a stable range of RM50K to RM93K, and a typical market range of RM61K to RM82K.

Most transactions involved flats, with minimal variety in property types.

Price per square foot shows a median of RM180, though individual units vary from RM139 to RM222 in the core range. The broader market spans RM159.25 to RM200.75, indicating diverse property characteristics. The spread of RM41.50 (IQR) and deviation of RM42 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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