Selling in Universiti Place? Homes here sold for a median of RM545,000.
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Universiti Place
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM545,000
RM649 psfMedian transaction price
13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia
MapsUniversiti Place in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM545K and a median price per square foot (PSF) of RM649.
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 RM649, with most transactions between RM649 and RM649. The usual range is RM614.13 to RM684.13, showing that most units are priced quite close to each other. With an IQR of RM70.00 and MAD of RM0, 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.