Penang
Timur Laut
13
DESA UNIVERSITI

DESA UNIVERSITI

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 413

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 413

DESA UNIVERSITI in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 413.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 330K to RM 495K, and a typical market range of RM 403K to RM 495K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 413, with core pricing between RM 346 and RM 480. Market pricing typically extends from RM 383.38 to RM 442.63, reflecting moderate variation in unit pricing. The spread of RM 59.25 (IQR) and deviation of RM 67 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA UNIVERSITI, Timur Laut, Penang

OSM

Track location

Transactions

5 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 474,000

Level 5

1,007 sqft • RM 471.00 PSF

Dec 2023

RM 495,000

Level 8

1,070 sqft • RM 463.00 PSF

Apr 2023

RM 450,000

Level 1

1,109 sqft • RM 406.00 PSF

Mar 2023

RM 280,000

Level 2

678 sqft • RM 413.00 PSF

Mar 2023

RM 192,000

Level 3

678 sqft • RM 283.00 PSF

Jan 2023

Road	Price	Land PSF	Land	Date	Type
Level 5	RM 474,000	RM 471.00	1,007 sqft	Dec 2023	Condo/Apartment
Level 8	RM 495,000	RM 463.00	1,070 sqft	Apr 2023	Condo/Apartment
Level 1	RM 450,000	RM 406.00	1,109 sqft	Mar 2023	Condo/Apartment
Level 2	RM 280,000	RM 413.00	678 sqft	Mar 2023	Flat
Level 3	RM 192,000	RM 283.00	678 sqft	Jan 2023	Flat