UNIVERSITI PLACE- PLAZA IVORY

UNIVERSITI PLACE- PLAZA IVORY in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 430K and a median price per square foot (PSF) of RM 591.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 430K, with most transactions falling within a stable range of RM 195K to RM 665K, and a typical market range of RM 195K to RM 665K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 591, with core pricing between RM 494 and RM 688. Market pricing typically extends from RM 426.25 to RM 755.75, reflecting moderate variation in unit pricing. The spread of RM 329.50 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

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.