Summer Place

Jelutong, Penang, Malaysia

Property Transactions

2 subsales found

Median
RM631,500
PSF
RM599

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM625,000
Level 16
1,055 sqft RM592 PSF
RM638,000
Level 18
1,055 sqft RM605 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM631,500

RM599 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 2 subsale transactions between 2021 and 2026, sized between 1,025 and 1,074 sqft, with a median price of RM632K and a median price per square foot (PSF) of RM599.

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 RM632K, with most transactions falling within a stable range of RM625K to RM638K, and a typical market range of RM625K to RM638K.

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

For price per square foot, the median is RM599, with most transactions between RM593 and RM605. The usual range is RM569.41 to RM627.91, showing that most units are priced quite close to each other. With an IQR of RM58.50 and MAD of RM6, 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. Limited transaction history suggests carefully evaluating comparable sales data.