DESA UNIVERSITI in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 480K and a median price per square foot (PSF) of RM 454.
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 480K, with most transactions falling within a stable range of RM 443K to RM 518K, and a typical market range of RM 433K to RM 528K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 454, with most transactions between RM 425 and RM 483. The usual range is RM 424.38 to RM 483.63, showing that most units are priced quite close to each other. With an IQR of RM 59.25 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.