LIST

Penang, Timur Laut, Georgetown

SUMMER PLACE

Area Intelligence
2024
Median Price
RM 665,000
PSF: RM 632
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Residential PSF Trends

Median Price

RM 665,000

PSF: RM 632

SUMMER PLACE in Timur Laut, Penang recorded 10 subsale transactions in 2024, with a median price of RM 665K 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 665K, with most transactions falling within a stable range of RM 800K to RM 698K, and a typical market range of RM 800K to RM 753K.

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

The median PSF stands at RM 632, with core pricing between RM 551 and RM 713. Market pricing typically extends from RM 602.75 to RM 661.25, reflecting moderate variation in unit pricing. With an IQR of RM 58.50 and MAD of RM 81, 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

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Transactions

3 transactions grouped by size

View Type

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Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
1,000 sqft
Condo/Apartment
RM 800,000
Level 16
1,012 sqft · RM 791 PSF
1,300 sqft
Condo/Apartment
RM 850,000
Level 12
1,313 sqft · RM 647 PSF
1,450 sqft
Condo/Apartment
RM 880,000
Level 2
1,464 sqft · RM 601 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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