DESA UNIVERSITI

Area Intelligence
2023
Median Price
RM 474,000
PSF: RM 463

Residential PSF Trends

Median Price

RM 474,000

PSF: RM 463

DESA UNIVERSITI in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 474K and a median price per square foot (PSF) of RM 463.

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 474K, with most transactions falling within a stable range of RM 456K to RM 492K, and a typical market range of RM 450K to RM 495K.

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

For price per square foot, the median is RM 463, with most transactions between RM 434 and RM 492. The usual range is RM 433.38 to RM 492.63, 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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Transactions

3 transactions grouped by size

1,000 sqft
Condo/Apartment
RM 474,000
Level 5
1,007 sqft · RM 471 PSF
1,050 sqft
Condo/Apartment
RM 495,000
Level 8
1,070 sqft · RM 463 PSF
1,100 sqft
Condo/Apartment
RM 450,000
Level 1
1,109 sqft · RM 406 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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