Area Intelligence

UNIVERSITI PLACE

1 properties
2021
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Median Price
RM 413,000
PSF: RM 573

Residential Market

Median Price

RM 413,000

IQR: RM 60
MAD: RM 35
RM 573 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

UNIVERSITI PLACE in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 413K and a median price per square foot (PSF) of RM 573.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 573, with most transactions between RM 573 and RM 573. The usual range is RM 543.00 to RM 603.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 0, 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.

Area Location

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UNIVERSITI PLACE, Timur Laut, Penang

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Transactions

1 properties found

Condo/Apartment
RM 413,000
721 sqft Dec 2021
RM 573.00 PSF