UTROPOLIS UTAMA

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 9 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 392K to RM 568K.

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 595.13 to RM 668.88, reflecting moderate variation in unit pricing. The spread of RM 73.75 (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.