SUMMER PLACE
Residential Market
Median Price
RM 610,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
37 properties
Median Price
RM 690,000
-1.0% CAGR
Median PSF
RM 632.00
+0.1% CAGR
Flat
1 properties
Median Price
RM 610,000
Median PSF
RM 603.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Condo/Apartment | 37 |
RM 690,000
±12K MAD
|
-0.96% |
RM 632.00
±5 MAD
|
+0.11% | |
Flat | 1 |
RM 610,000
|
- |
RM 603.00
|
- |
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 610,000
|
RM 603.00
|
1,012 sqft
|
Aug 2024
|