Summer Place

Jelutong, Penang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM625,000
PSF
RM593

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,050 sqft
Condo
RM625,000
Level 16
1,055 sqft · RM592 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM625,000

RM593 psf

Median transaction price

Low

Does SUMMER PLACE rent out well?

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 1 subsale transactions in 2025, with a median price of RM625K and a median price per square foot (PSF) of RM593.

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

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

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

For price per square foot, the median is RM593, with most transactions between RM593 and RM593. The usual range is RM563.25 to RM621.75, showing that most units are priced quite close to each other. With an IQR of RM58.50 and MAD of RM0, 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.