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 413K to RM 488K, and a typical market range of RM 403K to RM 498K.

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

For price per square foot, the median is RM 413, with most transactions between RM 384 and RM 442. The usual range is RM 383.38 to RM 442.63, 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.

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DESA UNIVERSITI, Timur Laut, Penang

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