Penang
Timur Laut
Georgetown
SUMMER PLACE

SUMMER PLACE

Area Intelligence

Median Price

RM 955,000

PSF: RM 652

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Residential PSF Trends

Median Price

RM 955,000

PSF: RM 652

SUMMER PLACE in Timur Laut, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 955K and a median price per square foot (PSF) of RM 652.

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 955K, with most transactions falling within a stable range of RM 854K to RM 1.06 million, and a typical market range of RM 867K to RM 1.04 million.

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

The median PSF stands at RM 652, with core pricing between RM 583 and RM 721. Market pricing typically extends from RM 622.75 to RM 681.25, reflecting moderate variation in unit pricing. With an IQR of RM 58.50 and MAD of RM 69, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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SUMMER PLACE, Timur Laut, Penang

OSM

Track location

Transactions

9 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 880,000

Level 2

1,464 sqft • RM 601.00 PSF

Aug 2024

RM 955,000

Level 8

1,464 sqft • RM 652.00 PSF

Sep 2023

RM 1,100,000

Level 20

1,464 sqft • RM 751.00 PSF

May 2023

RM 950,000

Level 20

1,464 sqft • RM 649.00 PSF

Jan 2023

RM 948,000

Level 7

1,464 sqft • RM 648.00 PSF

Sep 2022

RM 1,120,000

Level 13

1,464 sqft • RM 765.00 PSF

Sep 2022

RM 980,000

Level 4

1,464 sqft • RM 669.00 PSF

Jan 2022

RM 1,000,000

Level 14

1,464 sqft • RM 683.00 PSF

Nov 2021

RM 765,000

Level 2

1,464 sqft • RM 523.00 PSF

May 2021

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 880,000	RM 601.00	1,464 sqft	Aug 2024	Condo/Apartment
Level 8	RM 955,000	RM 652.00	1,464 sqft	Sep 2023	Condo/Apartment
Level 20	RM 1,100,000	RM 751.00	1,464 sqft	May 2023	Condo/Apartment
Level 20	RM 950,000	RM 649.00	1,464 sqft	Jan 2023	Condo/Apartment
Level 7	RM 948,000	RM 648.00	1,464 sqft	Sep 2022	Condo/Apartment
Level 13	RM 1,120,000	RM 765.00	1,464 sqft	Sep 2022	Condo/Apartment
Level 4	RM 980,000	RM 669.00	1,464 sqft	Jan 2022	Condo/Apartment
Level 14	RM 1,000,000	RM 683.00	1,464 sqft	Nov 2021	Condo/Apartment
Level 2	RM 765,000	RM 523.00	1,464 sqft	May 2021	Condo/Apartment