LIST

Penang, Timur Laut, Georgetown

SUMMER PLACE

Area Intelligence
2023
Median Price
RM 735,000
PSF: RM 652
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Residential PSF Trends

Median Price

RM 735,000

PSF: RM 652

SUMMER PLACE in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM 735K 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 735K, with most transactions falling within a stable range of RM 649K to RM 735K, and a typical market range of RM 647K to RM 735K.

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

The median PSF stands at RM 652, with core pricing between RM 567 and RM 737. 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 85, 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

4 transactions grouped by size

View Type

Grouped View Individual View

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 735,000
Level 16
1,012 sqft · RM 726 PSF
RM 680,000
Level 20
1,012 sqft · RM 672 PSF
RM 550,000
Level 18
1,012 sqft · RM 544 PSF
RM 530,000
Level 6
1,012 sqft · RM 524 PSF

No Properties For Sale

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

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