| LIST.MY · Summer Place | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2021 | |||||
|
Level 12
|
RM700,000
|
RM692
|
1,012 sqft
|
|
Condo |
|
Level 8
|
RM638,000
|
RM631
|
1,012 sqft
|
|
Condo |
|
Level 14
|
RM595,000
|
RM588
|
1,012 sqft
|
|
Condo |
|
Level 14
|
RM1,000,000
|
RM683
|
1,464 sqft
|
|
Condo |
|
Level 2
|
RM765,000
|
RM523
|
1,464 sqft
|
|
Condo |
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Summer Place
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Georgetown
Market Snapshot
ResidentialRM700,000
RM631 psfMedian transaction price
Does SUMMER PLACE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Summer Place, Jelutong, Penang, Malaysia
MapsSummer Place in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM700K and a median price per square foot (PSF) of RM631.
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 RM700K, with most transactions falling within a stable range of RM595K to RM842K, and a typical market range of RM612K to RM788K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM631, with most transactions between RM568 and RM693. The usual range is RM601.30 to RM659.80, showing that most units are priced quite close to each other. With an IQR of RM58.50 and MAD of RM63, 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.