Penang
Barat Daya
12
SUMMERSKYE SQUARE

SUMMERSKYE SQUARE

Area Intelligence

2024

Median Price

RM 1,350,000

PSF: RM 1,063

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SUMMERSKYE SQUARE in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.35 million and a median price per square foot (PSF) of RM 1,063.

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

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

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 1,063, with most transactions between RM 1,063 and RM 1,063. The usual range is RM 866.00 to RM 1,260.00, showing that most units are priced quite close to each other. With an IQR of RM 394.00 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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SUMMERSKYE SQUARE, Barat Daya, Penang

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