UNIVERSITI PLACE in Timur Laut, Penang recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 455K 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 455K, with most transactions falling within a stable range of RM 413K to RM 497K, and a typical market range of RM 408K to RM 503K.
Within the SOHO/SOFO/SOVO category, condominium/apartment dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 624, with most transactions between RM 589 and RM 659. 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 35, 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.
