Summer Place

  • Property Type
    Condominium/Apartment
  • Tenure
    Leasehold
  • Street Name
    Lebuh Sungai Pinang 1
  • District / Planning Area
    Sungai Pinang
  • Completion
    2011
About Summer Place

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.

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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.

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