SUMMER PLACE

SUMMER PLACE in Timur Laut, Penang recorded 37 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 680K 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 680K, with most transactions falling within a stable range of RM 530K to RM 832K, and a typical market range of RM 592K to RM 769K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 633, with most transactions between RM 571 and RM 695. The usual range is RM 602.38 to RM 663.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 62, 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.