UTROPOLIS UTAMA

Area Intelligence
2023
Median Price
RM 374,000
PSF: RM 637

Residential PSF Trends

Median Price

RM 374,000

PSF: RM 637

Commercial PSF Trends

Median Price

RM 928,000

RM 556 PSF

UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2023, with a median price of RM 374K and a median price per square foot (PSF) of RM 637.

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 374K, with most transactions falling within a stable range of RM 282K to RM 466K, and a typical market range of RM 276K to RM 472K.

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

For price per square foot, the median is RM 637, with most transactions between RM 599 and RM 675. The usual range is RM 597.75 to RM 676.25, 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. 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

6 transactions grouped by size

500 sqft
Service Apartment
RM 311,000
Level 15
495 sqft · RM 628 PSF
RM 315,000
Level 22
495 sqft · RM 636 PSF
RM 320,000
Level 26
495 sqft · RM 646 PSF
700 sqft
Service Apartment
RM 460,000
Level 25
721 sqft · RM 638 PSF
750 sqft
Service Apartment
RM 428,000
Level 17
732 sqft · RM 585 PSF
RM 500,000
Level 25
732 sqft · RM 683 PSF

No Properties For Sale

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

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