Area Intelligence

SUMMER PLACE

1 properties
Flat
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Median Price
RM 610,000
PSF: RM 603

Residential Market

Median Price

RM 610,000

IQR: RM 61
MAD: RM 30
RM 603 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SUMMER PLACE in Timur Laut, Penang recorded 1 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 610K and a median price per square foot (PSF) of RM 603.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 603, with most transactions between RM 603 and RM 603. The usual range is RM 572.38 to RM 633.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 0, 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.

Area Location

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SUMMER PLACE, Timur Laut, Penang

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Transactions

1 properties grouped by size

1,000 sqft
1 units Flat
RM 610,000
1,012 sqft · RM 603.00 PSF
Aug 2024