Summer Place

Jelutong, Penang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM665,000
PSF
RM632

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
RM640,000
Level 13
1,012 sqft · RM633 PSF
RM610,000
Level 12
1,012 sqft · RM603 PSF
RM800,000
Level 16
1,012 sqft · RM791 PSF
RM650,000
Level 13
1,012 sqft · RM642 PSF
RM650,000
Level 19
1,012 sqft · RM642 PSF
1,050 sqft
Condo
RM638,000
Level 18
1,055 sqft · RM605 PSF
1,100 sqft
Condo
RM680,000
Level 10
1,109 sqft · RM613 PSF
RM700,000
Level 16
1,109 sqft · RM631 PSF
1,300 sqft
Condo
RM850,000
Level 12
1,313 sqft · RM647 PSF
1,450 sqft
Condo
RM880,000
Level 2
1,464 sqft · RM601 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM665,000

RM632 psf

Median transaction price

Low

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Summer Place, Jelutong, Penang, Malaysia

Maps

Summer Place in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM665K and a median price per square foot (PSF) of RM632.

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 RM665K, with most transactions falling within a stable range of RM610K to RM757K, and a typical market range of RM610K to RM753K.

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

For price per square foot, the median is RM632, with most transactions between RM579 and RM685. The usual range is RM602.71 to RM661.21, showing that most units are priced quite close to each other. With an IQR of RM58.50 and MAD of RM53, 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.