Summer Place

Lebuh Sungai Pinang 1, Sungai Pinang, Penang

About this project

Summer Place is a leasehold non-landed project situated in the neighbourhood of Sungai Pinang in Pulau Pinang. It is surrounded by several well-known developments such as The Oceanview, Pangsapuri Pelangi, and Serina Bay. Summer Place was developed by Jelutong Development (a subsidiary of IJM Land) on a 6.25 acres land. In total, there are three blocks of 20 and 21-storey buildings with 531 units. The built-up space is ranging from 1,012 sq. ft. to 1,464 sq. ft. Facilities available are 24-hour security, CCTV, carpark, swimming pool, jacuzzi, reading room, games room, basketball court, gymnasium, playground, park & garden, and BBQ Area. This project is accessible via several major roads, namely Lebuh Sungai Pinang and Lebuhraya Tun Dr. Lim Chong Eu.
Property Type
Condominium/Apartment
No of block
3
No of storey
20-21
Total Units
531
Completion Year
2011
Beds
3 - 3 bedrooms
Built up
689 sqft - 1485 sqft
Tenure
Leasehold
Land Area
6.25 Acre
Transacted Price
RM 250,000 - RM 1,025,000
Asking Price (Sale)
RM 620,000 - RM 8,700,000
Asking Price (Rent)
RM 1,500 - RM 2,300
Developer name
Jelutong Development (a subsidiary of IJM Land)

Facilities & Amenities

  • done
    24-hour Security
  • done
    Car Park
  • done
    Basketball Court
  • done
    Other Sports Facilities
  • done
    Jacuzzi
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Park and Garden
  • done
    BBQ Area
  • done
    Others

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 16 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
18 Jul 1110 Aug 181,313 ft²45744022,0000.5
28 Mar 0921 Feb 181,109 ft²678284437,00010.3
18 Apr 1211 Sep 171,012 ft²662440225,0007.9
08 Apr 1326 Apr 171,012 ft²64059348,0001.9
24 Mar 0917 Apr 171,012 ft²672287390,00011.1

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 11 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 1 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
14 Sep 1110 Nov 111,453 ft²413514-75000-53

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

The Analytics are provided “AS IS” and we do not warranty as to its accuracy. We are not responsible or liable for any claims, damages, losses, expenses, costs or liabilities whatsoever. Please seek professional advice before relying on the Analytics. The Analytics are based on the data available at the date of publication and may be subject to further revision as and when more data is made available to us. We reserve the rights to modify, alter, delete or withdraw the Analytics at any time without notice to you. All news, information, contents and other material displayed on the Website and Services including the Postings are for your general information purpose only and are no substitute for independent research and/or verifications and should not be regarded as a substitute for professional, legal, financial or real estate advice.