SUMMER PLACE

SUMMER PLACE in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 955K and a median price per square foot (PSF) of RM 652.

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 955K, with most transactions falling within a stable range of RM 854K to RM 1.06 million, and a typical market range of RM 867K to RM 1.04 million.

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

The median PSF stands at RM 652, with core pricing between RM 583 and RM 721. Market pricing typically extends from RM 621.38 to RM 682.63, reflecting moderate variation in unit pricing. With an IQR of RM 61.25 and MAD of RM 69, 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.