UNIVERSITI PLACE

Area Intelligence
2022
Median Price
RM 425,000
PSF: RM 589

Residential PSF Trends

Median Price

RM 425,000

PSF: RM 589

UNIVERSITI PLACE in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 589.

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 425K, with most transactions falling within a stable range of RM 398K to RM 453K, and a typical market range of RM 398K to RM 470K.

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

For price per square foot, the median is RM 589, with most transactions between RM 553 and RM 625. The usual range is RM 559.00 to RM 619.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 36, 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

7 transactions grouped by size

700 sqft
Condo/Apartment
RM 410,000
Level 26
721 sqft · RM 569 PSF
RM 460,000
Level 21
721 sqft · RM 638 PSF
RM 425,000
Level 27
721 sqft · RM 589 PSF
RM 398,000
Level 26
721 sqft · RM 552 PSF
750 sqft
Condo/Apartment
RM 455,000
Level 18
743 sqft · RM 613 PSF
RM 470,000
Level 11
743 sqft · RM 633 PSF
RM 400,000
Level 12
743 sqft · RM 539 PSF

No Properties For Sale

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

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