Area Intelligence

IDEAL VISION PARK @ SUMMERSKYE RESIDENCE

4 properties
2021
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Median Price
RM 735,000
PSF: RM 573

Residential Market

Median Price

RM 735,000

IQR: RM 40
MAD: RM 21
RM 573 PSF 1.2%

PSF Trends (2021-2025)

IDEAL VISION PARK @ SUMMERSKYE RESIDENCE in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 735K and a median price per square foot (PSF) of RM 573.

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 735K, with most transactions falling within a stable range of RM 594K to RM 978K, and a typical market range of RM 694K to RM 776K.

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

The median PSF stands at RM 573, with core pricing between RM 504 and RM 641. Market pricing typically extends from RM 552.50 to RM 592.50, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 68, 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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IDEAL VISION PARK @ SUMMERSKYE RESIDENCE, Barat Daya, Penang

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Transactions

4 properties grouped by size

1,100 sqft
2 units Condo/Apartment
RM 770,000
1,076 sqft · RM 715.00 PSF
Dec 2021
RM 594,000
1,100 sqft · RM 540.00 PSF
Apr 2021
1,200 sqft
1 units Condo/Apartment
RM 700,000
1,195 sqft · RM 586.00 PSF
Apr 2021
2,200 sqft
1 units Condo/Apartment
RM 1,230,000
2,200 sqft · RM 559.00 PSF
Dec 2021