UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 632.
This area contains both residential and commercial properties. View 25 residential properties or 10 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 480K, with most transactions falling within a stable range of RM 388K to RM 572K, and a typical market range of RM 382K to RM 578K.
Most transactions involved service apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 632, with most transactions between RM 594 and RM 670. The usual range is RM 592.75 to RM 671.25, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 38, 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.
