UNIVERSITI PLACE

UNIVERSITI PLACE in Timur Laut, Penang recorded 18 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 619.

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 404K to RM 496K, and a typical market range of RM 403K to RM 498K.

Within the Condo/Apartment category, condominium/apartment dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 619, with most transactions between RM 567 and RM 670. The usual range is RM 588.50 to RM 648.50, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 52, 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.