Penang
Timur Laut
13
UNIVERSITI PLACE

UNIVERSITI PLACE

Area Intelligence

2022

Median Price

RM 440,000

PSF: RM 595

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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 595

UNIVERSITI PLACE in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM 440K and a median price per square foot (PSF) of RM 595.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 595, with most transactions between RM 595 and RM 595. The usual range is RM 565.00 to RM 625.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 0, 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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