Summer Place

Jelutong, Penang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM680,000
PSF
RM613

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
1,050 sqft
Condo
RM625,000
Level 16
1,055 sqft · RM592 PSF
1,100 sqft
Condo
RM680,000
Level 10
1,109 sqft · RM613 PSF
1,300 sqft
Condo
RM850,000
Level 12
1,313 sqft · RM647 PSF
1,450 sqft
Condo
RM880,000
Level 2
1,464 sqft · RM601 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM680,000

RM613 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 7 subsale transactions between 2021 and 2026, with a median price of RM680K and a median price per square foot (PSF) of RM613.

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 RM680K, with most transactions falling within a stable range of RM610K to RM785K, and a typical market range of RM610K to RM768K.

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

The median PSF stands at RM613, with core pricing between RM549 and RM677. Market pricing typically extends from RM584.09 to RM642.59, 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. Limited transaction history suggests carefully evaluating comparable sales data.