Universiti Place

13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Condo
RM410,000
Level 26
721 sqft · RM569 PSF
RM460,000
Level 21
721 sqft · RM638 PSF
RM425,000
Level 27
721 sqft · RM589 PSF
RM398,000
Level 26
721 sqft · RM552 PSF
750 sqft
Condo
RM455,000
Level 18
743 sqft · RM613 PSF
RM470,000
Level 11
743 sqft · RM633 PSF
RM400,000
Level 12
743 sqft · RM539 PSF
2,700 sqft
Semi-D
RM1,610,000
Halaman Bukit Gambier 2
2,680 sqft · RM601 PSF
Legend Recent Highest Price Highest PSF

Selling in Universiti Place? Homes here sold for a median of RM440,000.

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Market Snapshot

Residential

RM440,000

RM595 psf

Median transaction price

Universiti Place
© OpenStreetMap · CARTO

13, Jalan Universiti, 11800 Gelugor, Pulau Pinang, Malaysia

Maps

Universiti Place in Timur Laut, Penang recorded 8 subsale transactions in 2022, with a median price of RM440K and a median price per square foot (PSF) of RM595.

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 RM440K, with most transactions falling within a stable range of RM398K to RM831K, and a typical market range of RM399K to RM482K.

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

For price per square foot, the median is RM595, with most transactions between RM561 and RM629. The usual range is RM560.01 to RM630.01, showing that most units are priced quite close to each other. With an IQR of RM70.00 and MAD of RM34, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.