UTROPOLIS UTAMA

Area Intelligence
2023
Median Price
RM 959,500
PSF: RM 562

Residential PSF Trends

Median Price

RM 328,000

PSF: RM 636

Commercial PSF Trends

Median Price

RM 959,500

RM 562 PSF

UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 960K and a median price per square foot (PSF) of RM 562.

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 960K, with most transactions falling within a stable range of RM 928K to RM 1.11 million, and a typical market range of RM 928K to RM 1.06 million.

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

Price per square foot shows a median of RM 562, though individual units vary from RM 389 to RM 735 in the core range. The broader market spans RM 522.75 to RM 601.25, indicating diverse property characteristics. A wider spread (IQR: RM 78.50) and deviation (MAD: RM 173) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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UTROPOLIS UTAMA, Seberang Perai Selatan, Penang

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Transactions

4 transactions grouped by size

1,350 sqft
Shop/Retail Lot
RM 1,280,000
Level G
1,335 sqft · RM 959 PSF
1,650 sqft
6-Storey Shop
RM 928,000
PERSIARAN CASSIA BARAT 3
1,668 sqft · RM 556 PSF
RM 928,000
PERSIARAN CASSIA BARAT 3
1,668 sqft · RM 556 PSF
1,750 sqft
6-Storey Shop
RM 991,000
PERSIARAN CASSIA BARAT 3
1,744 sqft · RM 568 PSF

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

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