| LIST.MY · Universiti Place | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 18
|
RM450,000
|
RM624
|
721 sqft
|
|
Condo |
|
Level 18
|
RM520,000
|
RM700
|
743 sqft
|
|
Condo |
|
Level 20
|
RM495,000
|
RM686
|
721 sqft
|
|
Condo |
|
Level 12
|
RM545,000
|
RM649
|
840 sqft
|
|
Condo |
|
Level 23
|
RM425,000
|
RM589
|
721 sqft
|
|
Condo |
|
Level 15
|
RM550,000
|
RM741
|
743 sqft
|
|
Condo |
|
Level 27
|
RM410,000
|
RM569
|
721 sqft
|
|
Condo |
Selling in Universiti Place? Homes here sold for a median of RM495,000.
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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
ResidentialRM495,000
RM649 psfMedian transaction price
13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia
MapsUniversiti Place in Timur Laut, Penang recorded 7 subsale transactions in 2023, with a median price of RM495K 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. The median price is RM495K, with most transactions falling within a stable range of RM442K to RM548K, and a typical market range of RM454K to RM537K.
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 RM592 and RM706. 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 RM57, 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.