Ideal Vision Park @ Summerskye Residence
91A, Lebuhraya Kampung Jawa, Kawasan Perindustrian Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
91A, Lebuhraya Kampung Jawa, Kawasan Perindustrian Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 18
|
RM 630,000
|
RM 568
|
1,109 sqft
|
|
Condo |
|
Level 12
|
RM 700,000
|
RM 586
|
1,195 sqft
|
|
Condo |
|
Level 15
|
RM 712,000
|
RM 596
|
1,195 sqft
|
|
Condo |
|
Level 18
|
RM 840,000
|
RM 703
|
1,195 sqft
|
|
Condo |
|
Level 12
|
RM 710,000
|
RM 594
|
1,195 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 710,000
RM 594 psfMedian transaction price
91A, Lebuhraya Kampung Jawa, Kawasan Perindustrian Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsIdeal Vision Park @ Summerskye Residence in Barat Daya, Penang recorded 5 subsale transactions in 2024, with a median price of RM 710K and a median price per square foot (PSF) of RM 594.
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 710K, with most transactions falling within a stable range of RM 642K to RM 778K, and a typical market range of RM 670K to RM 751K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 594, with most transactions between RM 546 and RM 642. The usual range is RM 574.50 to RM 614.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 48 indicate a highly stable PSF trend across properties.
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.