|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 23
|
RM 450,000
|
RM 624
|
721 sqft
|
|
Condo |
| 2024 | |||||
|
Level 23
|
RM 465,000
|
RM 645
|
721 sqft
|
|
Condo |
|
Level 25
|
RM 450,000
|
RM 624
|
721 sqft
|
|
Condo |
|
Level 29
|
RM 439,000
|
RM 609
|
721 sqft
|
|
Condo |
| 2023 | |||||
|
Level 18
|
RM 450,000
|
RM 624
|
721 sqft
|
|
Condo |
|
Level 20
|
RM 495,000
|
RM 686
|
721 sqft
|
|
Condo |
|
Level 23
|
RM 425,000
|
RM 589
|
721 sqft
|
|
Condo |
|
Level 27
|
RM 410,000
|
RM 569
|
721 sqft
|
|
Condo |
| 2022 | |||||
|
Level 26
|
RM 410,000
|
RM 569
|
721 sqft
|
|
Condo |
|
Level 21
|
RM 460,000
|
RM 638
|
721 sqft
|
|
Condo |
|
Level 27
|
RM 425,000
|
RM 589
|
721 sqft
|
|
Condo |
|
Level 26
|
RM 398,000
|
RM 552
|
721 sqft
|
|
Condo |
| 2021 | |||||
|
Level 25
|
RM 413,000
|
RM 573
|
721 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 439,000
RM 609 psfMedian transaction price
13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia
MapsUniversiti Place in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 439K and a median price per square foot (PSF) of RM 609.
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 439K, with most transactions falling within a stable range of RM 413K to RM 465K, and a typical market range of RM 398K to RM 481K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM 609, with most transactions between RM 572 and RM 645. The usual range is RM 573.72 to RM 643.72, showing that most units are priced quite close to each other. With an IQR of RM 70.00 and MAD of RM 37, 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.