SUMMERTON-PRIMO HEIGHTS/SUMMER

SUMMERTON-PRIMO HEIGHTS/SUMMER in Barat Daya, Penang recorded 4 subsale transactions in 2021, with a median price of RM 900K and a median price per square foot (PSF) of RM 489.

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 900K, with most transactions falling within a stable range of RM 815K to RM 1.10 million, and a typical market range of RM 815K to RM 1.01 million.

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

Price per square foot shows a median of RM 489, though individual units vary from RM 381 to RM 597 in the core range. The broader market spans RM 444.75 to RM 533.25, indicating diverse property characteristics. The spread of RM 88.50 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.

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.