SUMMER PLACE
Timur Laut, Penang · Leasehold · 39 transactions
Median Price
RM680K
RM630K – RM820K
Median PSF
RM631
RM601 – RM669
Transactions
39
2021-05 to 2025-04
Size Range
1012 – 1464
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for SUMMER PLACE
Investment Return
Earliest PSF (2021)
RM631
Current PSF (2025)
RM593
Capital Gain
-6.0%
Total Return (est.)
2.5% p.a.
| Capital appreciation (4 years) | -6.0% |
| Annualised capital return | -1.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -4.0% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,000 sqft | 21 | RM640K | RM633 |
| 1,050 sqft | 2 | RM638K | RM605 |
| 1,100 sqft | 4 | RM680K | RM613 |
| 1,300 sqft | 3 | RM820K | RM624 |
| 1,450 sqft | 9 | RM955K | RM652 |
Market Verdict
PSF Trend: Stable
PSF moved from RM631 (2021) to RM593 (2025)
Liquidity: Moderate
39 transactions over 4 years (~10/year)
38% above Timur Laut average
This project: RM631 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.5% p.a. (below FD)
Capital loss (-1.5% p.a.) + rental yield (~4% p.a.)
Verdict
SUMMER PLACE delivers a modest estimated total return of 2.5% p.a. — comprising -1.5% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 38% above the Timur Laut average, reflecting its positioning as a premium development in the area.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 39| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Condominium/Apartment | Leasehold | 1,055 | RM593 | RM625K |
| Aug 2024 | Condominium/Apartment | Leasehold | 1,012 | RM633 | RM640K |
| Aug 2024 | Condominium/Apartment | Leasehold | 1,109 | RM613 | RM680K |
| Aug 2024 | Condominium/Apartment | Leasehold | 1,313 | RM647 | RM850K |
| Aug 2024 | Condominium/Apartment | Leasehold | 1,464 | RM601 | RM880K |
34 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 39 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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