Penang
Timur Laut
Georgetown
SUMMER PLACE

Area Intelligence

Georgetown, Timur Laut, Penang

SUMMER PLACE

38 properties

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Median Price

RM 680,000

PSF: RM 632

Residential Market

Median Price

RM 680,000

IQR: RM 61

MAD: RM 30

RM 632 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Condo/Apartment

37 properties

Median Price

RM 690,000

-1.0% CAGR

Median PSF

RM 632.00

+0.1% CAGR

Flat

1 properties

Median Price

RM 610,000

Median PSF

RM 603.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Condo/Apartment	37	RM 690,000 ±12K MAD	-0.96%	RM 632.00 ±5 MAD	+0.11%
Flat	1	RM 610,000	-	RM 603.00	-

SUMMER PLACE in Timur Laut, Penang recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 680K and a median price per square foot (PSF) of RM 632.

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 RM 680K, with most transactions falling within a stable range of RM 610K to RM 750K, and a typical market range of RM 592K to RM 769K.

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

For price per square foot, the median is RM 632, with most transactions between RM 602 and RM 662. The usual range is RM 601.38 to RM 662.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 30, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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SUMMER PLACE, Timur Laut, Penang

OSM

Filter by type, year, price, and size

Property Type

All Types Condo/Apartment Flat

Year

All Years 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

38 properties found

View:

Grouped Individual

Flat

RM 610,000

1,012 sqft Aug 2024

RM 603.00 PSF

Condo/Apartment

RM 880,000

1,464 sqft Aug 2024

RM 601.00 PSF

Condo/Apartment

RM 850,000

1,313 sqft Aug 2024

RM 647.00 PSF

Condo/Apartment

RM 680,000

1,109 sqft Aug 2024

RM 613.00 PSF

Condo/Apartment

RM 640,000

1,012 sqft Aug 2024

RM 633.00 PSF

Condo/Apartment

RM 800,000

1,012 sqft May 2024

RM 791.00 PSF

Condo/Apartment

RM 700,000

1,109 sqft Jan 2024

RM 631.00 PSF

Condo/Apartment

RM 638,000

1,055 sqft Jan 2024

RM 605.00 PSF

Condo/Apartment

RM 650,000

1,012 sqft Jan 2024

RM 642.00 PSF

Condo/Apartment

RM 650,000

1,012 sqft Jan 2024

RM 642.00 PSF

Condo/Apartment

RM 680,000

1,012 sqft Nov 2023

RM 672.00 PSF

Condo/Apartment

RM 735,000

1,012 sqft Nov 2023

RM 726.00 PSF

Condo/Apartment

RM 955,000

1,464 sqft Sep 2023

RM 652.00 PSF

Condo/Apartment

RM 1,100,000

1,464 sqft May 2023

RM 751.00 PSF

Condo/Apartment

RM 550,000

1,012 sqft Mar 2023

RM 544.00 PSF

Condo/Apartment

RM 950,000

1,464 sqft Jan 2023

RM 649.00 PSF

Condo/Apartment

RM 530,000

1,012 sqft Jan 2023

RM 524.00 PSF

Condo/Apartment

RM 675,000

1,109 sqft Dec 2022

RM 609.00 PSF

Condo/Apartment

RM 575,000

1,012 sqft Nov 2022

RM 568.00 PSF

Condo/Apartment

RM 750,000

1,012 sqft Nov 2022

RM 741.00 PSF

Condo/Apartment

RM 820,000

1,313 sqft Oct 2022

RM 624.00 PSF

Condo/Apartment

RM 700,000

1,012 sqft Oct 2022

RM 692.00 PSF

Condo/Apartment

RM 1,120,000

1,464 sqft Sep 2022

RM 765.00 PSF

Condo/Apartment

RM 948,000

1,464 sqft Sep 2022

RM 648.00 PSF

Condo/Apartment

RM 678,000

1,109 sqft Jul 2022

RM 612.00 PSF

Condo/Apartment

RM 740,000

1,313 sqft Jun 2022

RM 564.00 PSF

Condo/Apartment

RM 625,000

1,012 sqft Jun 2022

RM 618.00 PSF

Condo/Apartment

RM 630,000

1,012 sqft Jun 2022

RM 623.00 PSF

Condo/Apartment

RM 650,000

1,012 sqft Jun 2022

RM 642.00 PSF

Condo/Apartment

RM 650,000

1,012 sqft Mar 2022

RM 642.00 PSF

Condo/Apartment

RM 980,000

1,464 sqft Jan 2022

RM 669.00 PSF

Condo/Apartment

RM 600,000

1,012 sqft Jan 2022

RM 593.00 PSF

Condo/Apartment

RM 580,000

1,012 sqft Jan 2022

RM 573.00 PSF

Condo/Apartment

RM 700,000

1,012 sqft Dec 2021

RM 692.00 PSF

Condo/Apartment

RM 1,000,000

1,464 sqft Nov 2021

RM 683.00 PSF

Condo/Apartment

RM 595,000

1,012 sqft Nov 2021

RM 588.00 PSF

Condo/Apartment

RM 638,000

1,012 sqft Nov 2021

RM 631.00 PSF

Condo/Apartment

RM 765,000

1,464 sqft May 2021

RM 523.00 PSF

Type	Price	PSF	Area	Date
Flat	RM 610,000	RM 603.00	1,012 sqft	Aug 2024
Condo/Apartment	RM 880,000	RM 601.00	1,464 sqft	Aug 2024
Condo/Apartment	RM 850,000	RM 647.00	1,313 sqft	Aug 2024
Condo/Apartment	RM 680,000	RM 613.00	1,109 sqft	Aug 2024
Condo/Apartment	RM 640,000	RM 633.00	1,012 sqft	Aug 2024
Condo/Apartment	RM 800,000	RM 791.00	1,012 sqft	May 2024
Condo/Apartment	RM 700,000	RM 631.00	1,109 sqft	Jan 2024
Condo/Apartment	RM 638,000	RM 605.00	1,055 sqft	Jan 2024
Condo/Apartment	RM 650,000	RM 642.00	1,012 sqft	Jan 2024
Condo/Apartment	RM 650,000	RM 642.00	1,012 sqft	Jan 2024
Condo/Apartment	RM 680,000	RM 672.00	1,012 sqft	Nov 2023
Condo/Apartment	RM 735,000	RM 726.00	1,012 sqft	Nov 2023
Condo/Apartment	RM 955,000	RM 652.00	1,464 sqft	Sep 2023
Condo/Apartment	RM 1,100,000	RM 751.00	1,464 sqft	May 2023
Condo/Apartment	RM 550,000	RM 544.00	1,012 sqft	Mar 2023
Condo/Apartment	RM 950,000	RM 649.00	1,464 sqft	Jan 2023
Condo/Apartment	RM 530,000	RM 524.00	1,012 sqft	Jan 2023
Condo/Apartment	RM 675,000	RM 609.00	1,109 sqft	Dec 2022
Condo/Apartment	RM 575,000	RM 568.00	1,012 sqft	Nov 2022
Condo/Apartment	RM 750,000	RM 741.00	1,012 sqft	Nov 2022
Condo/Apartment	RM 820,000	RM 624.00	1,313 sqft	Oct 2022
Condo/Apartment	RM 700,000	RM 692.00	1,012 sqft	Oct 2022
Condo/Apartment	RM 1,120,000	RM 765.00	1,464 sqft	Sep 2022
Condo/Apartment	RM 948,000	RM 648.00	1,464 sqft	Sep 2022
Condo/Apartment	RM 678,000	RM 612.00	1,109 sqft	Jul 2022
Condo/Apartment	RM 740,000	RM 564.00	1,313 sqft	Jun 2022
Condo/Apartment	RM 625,000	RM 618.00	1,012 sqft	Jun 2022
Condo/Apartment	RM 630,000	RM 623.00	1,012 sqft	Jun 2022
Condo/Apartment	RM 650,000	RM 642.00	1,012 sqft	Jun 2022
Condo/Apartment	RM 650,000	RM 642.00	1,012 sqft	Mar 2022
Condo/Apartment	RM 980,000	RM 669.00	1,464 sqft	Jan 2022
Condo/Apartment	RM 600,000	RM 593.00	1,012 sqft	Jan 2022
Condo/Apartment	RM 580,000	RM 573.00	1,012 sqft	Jan 2022
Condo/Apartment	RM 700,000	RM 692.00	1,012 sqft	Dec 2021
Condo/Apartment	RM 1,000,000	RM 683.00	1,464 sqft	Nov 2021
Condo/Apartment	RM 595,000	RM 588.00	1,012 sqft	Nov 2021
Condo/Apartment	RM 638,000	RM 631.00	1,012 sqft	Nov 2021
Condo/Apartment	RM 765,000	RM 523.00	1,464 sqft	May 2021