PANGSAPURI UTROPOLIS UTAMA

PANGSAPURI UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 11 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 586.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 270K to RM 385K, and a typical market range of RM 270K to RM 376K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 586, with most transactions between RM 547 and RM 625. The usual range is RM 563.00 to RM 609.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.00 and an average deviation (MAD) of RM 39 indicate a highly stable PSF trend across properties.

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.