Penang
Timur Laut
Georgetown
SUMMER PLACE

SUMMER PLACE

Area Intelligence

2022

Median Price

RM 676,500

PSF: RM 624

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Residential PSF Trends

Median Price

RM 676,500

PSF: RM 624

SUMMER PLACE in Timur Laut, Penang recorded 16 subsale transactions in 2022, with a median price of RM 677K and a median price per square foot (PSF) of RM 624.

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 677K, with most transactions falling within a stable range of RM 575K to RM 829K, and a typical market range of RM 589K to RM 765K.

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

For price per square foot, the median is RM 624, with most transactions between RM 568 and RM 679. The usual range is RM 594.25 to RM 652.75, showing that most units are priced quite close to each other. With an IQR of RM 58.50 and MAD of RM 56, 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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SUMMER PLACE, Timur Laut, Penang

OSM

Track location

Transactions

16 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 675,000

Level 9

1,109 sqft • RM 609.00 PSF

Dec 2022

RM 575,000

Level 2

1,012 sqft • RM 568.00 PSF

Nov 2022

RM 750,000

Level 11

1,012 sqft • RM 741.00 PSF

Nov 2022

RM 700,000

Level 14

1,012 sqft • RM 692.00 PSF

Oct 2022

RM 820,000

Level 10

1,313 sqft • RM 624.00 PSF

Oct 2022

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 678,000

Level 19

1,109 sqft • RM 612.00 PSF

Jul 2022

RM 650,000

Level 4

1,012 sqft • RM 642.00 PSF

Jun 2022

RM 630,000

Level 11

1,012 sqft • RM 623.00 PSF

Jun 2022

RM 625,000

Level 18

1,012 sqft • RM 618.00 PSF

Jun 2022

RM 740,000

Level 6

1,313 sqft • RM 564.00 PSF

Jun 2022

RM 650,000

Level 6

1,012 sqft • RM 642.00 PSF

Mar 2022

RM 580,000

Level 20

1,012 sqft • RM 573.00 PSF

Jan 2022

RM 600,000

Level 20

1,012 sqft • RM 593.00 PSF

Jan 2022

RM 980,000

Level 4

1,464 sqft • RM 669.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
Level 9	RM 675,000	RM 609.00	1,109 sqft	Dec 2022	Condo/Apartment
Level 2	RM 575,000	RM 568.00	1,012 sqft	Nov 2022	Condo/Apartment
Level 11	RM 750,000	RM 741.00	1,012 sqft	Nov 2022	Condo/Apartment
Level 14	RM 700,000	RM 692.00	1,012 sqft	Oct 2022	Condo/Apartment
Level 10	RM 820,000	RM 624.00	1,313 sqft	Oct 2022	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 19	RM 678,000	RM 612.00	1,109 sqft	Jul 2022	Condo/Apartment
Level 4	RM 650,000	RM 642.00	1,012 sqft	Jun 2022	Condo/Apartment
Level 11	RM 630,000	RM 623.00	1,012 sqft	Jun 2022	Condo/Apartment
Level 18	RM 625,000	RM 618.00	1,012 sqft	Jun 2022	Condo/Apartment
Level 6	RM 740,000	RM 564.00	1,313 sqft	Jun 2022	Condo/Apartment
Level 6	RM 650,000	RM 642.00	1,012 sqft	Mar 2022	Condo/Apartment
Level 20	RM 580,000	RM 573.00	1,012 sqft	Jan 2022	Condo/Apartment
Level 20	RM 600,000	RM 593.00	1,012 sqft	Jan 2022	Condo/Apartment
Level 4	RM 980,000	RM 669.00	1,464 sqft	Jan 2022	Condo/Apartment