Area Intelligence

IDEAL VISION PARK @ SUMMERSKYE RESIDENCE

5 properties
2024
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Median Price
RM 710,000
PSF: RM 594

Residential Market

Median Price

RM 710,000

IQR: RM 40
MAD: RM 21
RM 594 PSF 1.2%

PSF Trends (2021-2025)

IDEAL 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 669K 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 574.00 to RM 614.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 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.

Area Location

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IDEAL VISION PARK @ SUMMERSKYE RESIDENCE, Barat Daya, Penang

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Transactions

5 properties grouped by size

1,100 sqft
1 units Condo/Apartment
RM 630,000
1,109 sqft · RM 568.00 PSF
Oct 2024
1,200 sqft
4 units Condo/Apartment
RM 700,000
1,195 sqft · RM 586.00 PSF
Aug 2024
RM 712,000
1,195 sqft · RM 596.00 PSF
Aug 2024
RM 840,000
1,195 sqft · RM 703.00 PSF
Jul 2024
RM 710,000
1,195 sqft · RM 594.00 PSF
May 2024