DESA UNIVERSITI

DESA UNIVERSITI in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 236K and a median price per square foot (PSF) of RM 348.

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 236K, with most transactions falling within a stable range of RM 199K to RM 274K, and a typical market range of RM 189K to RM 284K.

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

For price per square foot, the median is RM 348, with most transactions between RM 319 and RM 377. The usual range is RM 318.38 to RM 377.63, 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.

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.