Summer Place, Bandar Sri Pinang

Summer Place is a leasehold condominium located in Bandar Sri Pinang, Jelutong. There are 531 units available at this project with built-up from 1,012 sf to 1,464 sf. It was developed by IJM Land Bhd with a launch price at around RM260 psf, and was completed in about 2011.

IJM Land Bhd is a huge real estate company listed on KLSE, and it has constructed around 176 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Kuching Riverine Resort, Riana Green, Seri Riana Residence, Suriamas Suites, The Epic Residences, The Light Collection 2, The Spring and Vertiq.

Property Type
Condominium
Land Tenure
Leasehold
Built-up
1,012 sf - 1,464 sf
Market Price
RM650,000 - RM1,100,000
Density
531 Units
Completed In
2011
Developer
Launch Price
About RM260 psf

The only amenities nearby this condominium are some schools. Several of the schools here are SJK (C) Li Tek, SR Cina Li Teik Seah, SRJK (C) Li Tek 'A', Wesley International Methodist School, Wesley Methodist School Penang (International) and Wesley School.

The current rental yield of Summer Place is around 2.88%, compared to 3.43% a year ago in Q2 2020. The highest rental yield ever recorded was 5.29% in Q1 2012; while the lowest one was 2.69% in Q4 2013. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Summer Place is 3-bedroom / 1,012 sf with a median price of RM640 psf. For price wise, the most expensive one is 4-bedroom / 1,464 sf with a median price of RM750 psf; while the cheapest one is 3-bedroom / 1,012 sf with a median price of RM640 psf.

Latest Summer Place for sale listings:

DateTypeBuilt-upPrice
15 Dec 2021Condominium1,109 sfRM738,000
5 Dec 2021Condominium1,313 sfRM720,000
9 Dec 2021Condominium1,313 sfRM810,000
9 Dec 2021Condominium1,012 sfRM650,000
5 Dec 2021Condominium1,313 sfRM720,000
2 Dec 2021Condominium1,012 sfRM690,000
2 Dec 2021Condominium1,012 sfRM650,000
2 Dec 2021Condominium1,012 sfRM690,000
1 Dec 2021Condominium1,313 sfRM720,000
30 Nov 2021Condominium1,012 sfRM680,000

Latest Summer Place for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium1,109 sfRM2,200
7 Jan 2022Condominium1,200 sfRM2,200
8 Jan 2022Single Room-NA-RM420
1 Jan 2022Medium Room-NA-RM650
29 Dec 2021Apartment Room-NA-RM450
22 Dec 2021Apartment Room-NA-RM450
15 Dec 2021Single Room-NA-RM450
12 Dec 2021Single Room-NA-RM450
11 Dec 2021Single Room-NA-RM450
11 Dec 2021Single Room-NA-RM450
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