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 178 real estate projects in Malaysia. Other similar projects by the same developer are Bayswater, D'Ambience Residences, Riana Dutamas, 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 - RM970,000
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 Cambridge International School, SJK (C) Li Tek, SR Cina Li Teik Seah, SRJK (C) Li Tek 'A' and Wesley Methodist School Penang (International).

The current rental yield of Summer Place is around 2.94%, compared to 3.22% 2 years ago in Q4 2020. The highest rental yield ever recorded was 4.0% in Q1 2013; 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 RM660 psf; while the cheapest one is 3-bedroom / 1,109 sf with a median price of RM630 psf.

Latest Summer Place for sale listings:

DateTypeBuilt-upPrice
25 Jan 2022Condominium1,012 sfRM650,000
24 Jan 2022Condominium1,460 sfRM960,000
24 Jan 2022Condominium1,109 sfRM699,000
16 Jan 2022Condominium1,019 sfRM650,000
10 Jan 2022Condominium1,012 sfRM660,000
2 Jan 2022Condominium1,012 sfRM650,000
2 Jan 2022Condominium1,313 sfRM820,000
2 Jan 2022Condominium1,464 sfRM880,000
2 Jan 2022Condominium1,464 sfRM1,000,000
31 Dec 2021Condominium1,109 sfRM738,000

Latest Summer Place for rent listings:

DateTypeBuilt-upRental
TodayMedium Room-NA-RM660
TodayApartment Room-NA-RM750
15 Sep 2022Apartment Room-NA-RM650
10 Sep 2022Medium Room-NA-RM700
25 Aug 2022Condominium1,019 sfRM2,300
11 Aug 2022Master Room-NA-RM950
15 Jul 2022Condominium1,000 sfRM1,900
9 Jul 2022Single Room-NA-RM450
8 Apr 2022Single Room-NA-RM600
1 Apr 2022Apartment Room-NA-RM650
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