UNIVERSITI PLACE

Area Intelligence
2024
Median Price
RM 450,000
PSF: RM 624

Residential PSF Trends

Median Price

RM 450,000

PSF: RM 624

UNIVERSITI PLACE in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 624.

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 439K to RM 461K, and a typical market range of RM 439K to RM 465K.

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

For price per square foot, the median is RM 624, with most transactions between RM 609 and RM 639. The usual range is RM 594.00 to RM 654.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 15, 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.

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UNIVERSITI PLACE, Timur Laut, Penang

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Transactions

3 transactions found

RM 465,000
Level 23
721 sqft RM 645.00 PSF
RM 450,000
Level 25
721 sqft RM 624.00 PSF
RM 439,000
Level 29
721 sqft RM 609.00 PSF

No Properties For Sale

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

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