|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 15
|
RM 390,000
|
RM 525
|
743 sqft
|
|
Condo |
|
Level 10
|
RM 500,000
|
RM 673
|
743 sqft
|
|
Condo |
| 2023 | |||||
|
Level 18
|
RM 520,000
|
RM 700
|
743 sqft
|
|
Condo |
|
Level 15
|
RM 550,000
|
RM 741
|
743 sqft
|
|
Condo |
| 2022 | |||||
|
Level 18
|
RM 455,000
|
RM 613
|
743 sqft
|
|
Condo |
|
Level 11
|
RM 470,000
|
RM 633
|
743 sqft
|
|
Condo |
|
Level 12
|
RM 400,000
|
RM 539
|
743 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 470,000
RM 633 psfMedian transaction price
13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia
MapsUniversiti Place in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM 470K and a median price per square foot (PSF) of RM 633.
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 470K, with most transactions falling within a stable range of RM 415K to RM 525K, and a typical market range of RM 429K to RM 512K.
Most transactions involved condominium/apartment, though some variety exists in the market.
The median PSF stands at RM 633, with core pricing between RM 558 and RM 707. Market pricing typically extends from RM 597.82 to RM 667.82, reflecting moderate variation in unit pricing. With an IQR of RM 70.00 and MAD of RM 74, 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.