| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 15
|
RM 390,000
|
RM 525
|
743 sqft
|
|
|
|
Level 10
|
RM 500,000
|
RM 673
|
743 sqft
|
|
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Market Snapshot
ResidentialRM 450,000
RM 624 psfMedian transaction price
13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia
MapsUniversiti Place in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, 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 405K to RM 495K, and a typical market range of RM 409K to RM 492K.
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 562 and RM 686. The usual range is RM 588.98 to RM 658.98, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 62, 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.