UTROPOLIS UTAMA

Area Intelligence
2023
Median Price
RM 480,000
PSF: RM 632

Residential PSF Trends

Median Price

RM 374,000

PSF: RM 637

Commercial PSF Trends

Median Price

RM 959,500

RM 562 PSF

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 311K to RM 813K, and a typical market range of RM 382K to RM 578K.

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

The median PSF stands at RM 632, with core pricing between RM 520 and RM 744. Market pricing typically extends from RM 592.75 to RM 671.25, reflecting moderate variation in unit pricing. The spread of RM 78.50 (IQR) and deviation of RM 112 (MAD) suggest moderate price variations reflecting different property features.

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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