UNIVERSITI PLACE

Area Intelligence
2024
Median Price
RM 465,000
PSF: RM 645

Residential PSF Trends

Median Price

RM 465,000

PSF: RM 645

UNIVERSITI PLACE in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 465K and a median price per square foot (PSF) of RM 645.

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 465K, with most transactions falling within a stable range of RM 439K to RM 1.16 million, and a typical market range of RM 439K to RM 513K.

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

The median PSF stands at RM 645, with core pricing between RM 550 and RM 740. Market pricing typically extends from RM 615.00 to RM 675.00, reflecting moderate variation in unit pricing. With an IQR of RM 60.00 and MAD of RM 95, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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UNIVERSITI PLACE, Timur Laut, Penang

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Transactions

5 transactions grouped by size

700 sqft
Condo/Apartment
RM 465,000
Level 23
721 sqft · RM 645 PSF
RM 450,000
Level 25
721 sqft · RM 624 PSF
RM 439,000
Level 29
721 sqft · RM 609 PSF
2,000 sqft
Double Storey Semi-D
RM 1,730,000
HALAMAN BUKIT GAMBIER 2
2,002 sqft · RM 864 PSF
2,700 sqft
Double Storey Semi-D
RM 2,000,000
HALAMAN BUKIT GAMBIER 3
2,713 sqft · RM 737 PSF

No Properties For Sale

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

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