SUMMER PLACE

SUMMER PLACE in Timur Laut, Penang recorded 21 subsale transactions between 2021 and 2025, with a median price of RM 640K and a median price per square foot (PSF) of RM 633.

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 640K, with most transactions falling within a stable range of RM 575K to RM 705K, and a typical market range of RM 552K to RM 729K.

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

The median PSF stands at RM 633, with core pricing between RM 569 and RM 697. Market pricing typically extends from RM 602.38 to RM 663.63, reflecting moderate variation in unit pricing. With an IQR of RM 61.25 and MAD of RM 64, 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. Moderate transaction volume may require patience when buying or selling.