Summer Place

Jelutong, Penang, Malaysia

Property Transactions

5 subsales found

Median
RM700,000
PSF
RM631

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM700,000
Level 12
1,012 sqft RM692 PSF
RM638,000
Level 8
1,012 sqft RM631 PSF
RM595,000
Level 14
1,012 sqft RM588 PSF
RM1,000,000
Level 14
1,464 sqft RM683 PSF
RM765,000
Level 2
1,464 sqft RM523 PSF
Legend Recent Highest Price Highest PSF

Posts about Summer Place

What’s happening in Summer Place?

No posts about Summer Place yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM700,000

RM631 psf

Median transaction price

Low

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 Plus

RM59 a month, cancel any time

Loading map...

Summer Place, Jelutong, Penang, Malaysia

Maps

Summer 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.