SUMMER PLACE Property Investment Analysis
SUMMER PLACE in Timur Laut, Penang recorded 38 subsale transactions between 2021 and 2025, with a median price of RM 680K and a median price per square foot (PSF) of RM 632.
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 680K, with most transactions falling within a stable range of RM 610K to RM 750K, and a typical market range of RM 592K to RM 769K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 632, with most transactions between RM 602 and RM 662. The usual range is RM 601.38 to RM 662.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 30, 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. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 610,000
|
RM 603.00
|
1,012 sqft
|
Aug 2024
|
Condominium/Apartment |
|
RM 880,000
|
RM 601.00
|
1,464 sqft
|
Aug 2024
|
Condominium/Apartment |
|
RM 850,000
|
RM 647.00
|
1,313 sqft
|
Aug 2024
|
Condominium/Apartment |
|
RM 680,000
|
RM 613.00
|
1,109 sqft
|
Aug 2024
|
Condominium/Apartment |
|
RM 640,000
|
RM 633.00
|
1,012 sqft
|
Aug 2024
|
Condominium/Apartment |
|
RM 800,000
|
RM 791.00
|
1,012 sqft
|
May 2024
|
Condominium/Apartment |
|
RM 650,000
|
RM 642.00
|
1,012 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 650,000
|
RM 642.00
|
1,012 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 638,000
|
RM 605.00
|
1,055 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 700,000
|
RM 631.00
|
1,109 sqft
|
Jan 2024
|
Condominium/Apartment |
|
RM 680,000
|
RM 672.00
|
1,012 sqft
|
Nov 2023
|
Condominium/Apartment |
|
RM 735,000
|
RM 726.00
|
1,012 sqft
|
Nov 2023
|
Condominium/Apartment |
|
RM 955,000
|
RM 652.00
|
1,464 sqft
|
Sep 2023
|
Condominium/Apartment |
|
RM 1,100,000
|
RM 751.00
|
1,464 sqft
|
May 2023
|
Condominium/Apartment |
|
RM 550,000
|
RM 544.00
|
1,012 sqft
|
Mar 2023
|
Condominium/Apartment |
|
RM 950,000
|
RM 649.00
|
1,464 sqft
|
Jan 2023
|
Condominium/Apartment |
|
RM 530,000
|
RM 524.00
|
1,012 sqft
|
Jan 2023
|
Condominium/Apartment |
|
RM 675,000
|
RM 609.00
|
1,109 sqft
|
Dec 2022
|
Condominium/Apartment |
|
RM 750,000
|
RM 741.00
|
1,012 sqft
|
Nov 2022
|
Condominium/Apartment |
|
RM 575,000
|
RM 568.00
|
1,012 sqft
|
Nov 2022
|
Condominium/Apartment |
|
RM 820,000
|
RM 624.00
|
1,313 sqft
|
Oct 2022
|
Condominium/Apartment |
|
RM 700,000
|
RM 692.00
|
1,012 sqft
|
Oct 2022
|
Condominium/Apartment |
|
RM 1,120,000
|
RM 765.00
|
1,464 sqft
|
Sep 2022
|
Condominium/Apartment |
|
RM 948,000
|
RM 648.00
|
1,464 sqft
|
Sep 2022
|
Condominium/Apartment |
|
RM 678,000
|
RM 612.00
|
1,109 sqft
|
Jul 2022
|
Condominium/Apartment |
|
RM 630,000
|
RM 623.00
|
1,012 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 650,000
|
RM 642.00
|
1,012 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 625,000
|
RM 618.00
|
1,012 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 740,000
|
RM 564.00
|
1,313 sqft
|
Jun 2022
|
Condominium/Apartment |
|
RM 650,000
|
RM 642.00
|
1,012 sqft
|
Mar 2022
|
Condominium/Apartment |
|
RM 980,000
|
RM 669.00
|
1,464 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 600,000
|
RM 593.00
|
1,012 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 580,000
|
RM 573.00
|
1,012 sqft
|
Jan 2022
|
Condominium/Apartment |
|
RM 700,000
|
RM 692.00
|
1,012 sqft
|
Dec 2021
|
Condominium/Apartment |
|
RM 1,000,000
|
RM 683.00
|
1,464 sqft
|
Nov 2021
|
Condominium/Apartment |
|
RM 595,000
|
RM 588.00
|
1,012 sqft
|
Nov 2021
|
Condominium/Apartment |
|
RM 638,000
|
RM 631.00
|
1,012 sqft
|
Nov 2021
|
Condominium/Apartment |
|
RM 765,000
|
RM 523.00
|
1,464 sqft
|
May 2021
|