Summerskye Square
11900 Bayan Lepas, Penang, Malaysia
11900 Bayan Lepas, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM850,000
|
RM669
|
1,270 sqft
|
|
|
|
Level G
|
RM1,850,000
|
RM1,457
|
1,270 sqft
|
|
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Summerskye Square
PSF median price per sq ft · 12m its change over the past 12 months
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11900 Bayan Lepas, Penang, Malaysia
MapsSummerskye Square in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM1.35 million and a median price per square foot (PSF) of RM1,457.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.35 million, with most transactions falling within a stable range of RM850K to RM1.85 million, and a typical market range of RM1.10 million to RM1.60 million.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM1,457, though individual units vary from RM1,063 to RM1,851 in the core range. The broader market spans RM1,259.53 to RM1,653.53, indicating diverse property characteristics. A wider spread (IQR: RM394.00) and deviation (MAD: RM394) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.