Utropolis Utama

Persiaran Cassia Barat 3, Bandar Cassia, Simpang Ampat, Pulau Pinang, Malaysia

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Market Snapshot

Commercial

RM 928,000

RM 556 psf

Median transaction price

Utropolis Utama
© OpenStreetMap · CARTO

Persiaran Cassia Barat 3, Bandar Cassia, Simpang Ampat, Pulau Pinang, Malaysia

Maps

Utropolis Utama in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 631.

This area contains both residential and commercial properties. View 28 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 380K, with most transactions falling within a stable range of RM 315K to RM 446K, and a typical market range of RM 293K to RM 468K.

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

For price per square foot, the median is RM 631, with most transactions between RM 588 and RM 675. The usual range is RM 589.88 to RM 672.13, showing that most units are priced quite close to each other. With an IQR of RM 82.25 and MAD of RM 44, 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.