UTROPOLIS UTAMA

Area Intelligence
2022
Median Price
RM 340,000
PSF: RM 596

Residential PSF Trends

Median Price

RM 329,000

PSF: RM 664

Commercial PSF Trends

Median Price

RM 850,000

RM 535 PSF

UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 596.

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 340K, with most transactions falling within a stable range of RM 290K to RM 416K, and a typical market range of RM 290K to RM 438K.

Most transactions involved service apartment, with moderate diversity in property types available.

For price per square foot, the median is RM 596, with most transactions between RM 547 and RM 645. The usual range is RM 556.75 to RM 635.25, showing that most units are priced quite close to each other. With an IQR of RM 78.50 and MAD of RM 49, 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.

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UTROPOLIS UTAMA, Seberang Perai Selatan, Penang

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Transactions

7 transactions found

RM 290,000
Level 10
495 sqft RM 586.00 PSF
RM 328,000
Level 20
495 sqft RM 662.00 PSF
RM 480,000
Level 17
721 sqft RM 666.00 PSF
RM 480,000
Level 26
721 sqft RM 666.00 PSF
RM 340,000
Level 2
635 sqft RM 535.00 PSF
RM 295,000
Level 23
495 sqft RM 596.00 PSF
RM 330,000
Level 12
495 sqft RM 666.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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