Area Intelligence

UTROPOLIS UTAMA

9 properties
2022
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Median Price
RM 340,000
PSF: RM 596

Residential Market

Median Price

RM 329,000

IQR: RM 66
MAD: RM 30
RM 664 PSF 2.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 850,000

IQR: RM 11
MAD: RM 11
RM 535 PSF 2.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 9 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 596.

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 340K, with most transactions falling within a stable range of RM 290K to RM 569K, and a typical market range of RM 290K to RM 428K.

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

The median PSF stands at RM 596, with core pricing between RM 533 and RM 659. Market pricing typically extends from RM 559.13 to RM 632.88, reflecting moderate variation in unit pricing. With an IQR of RM 73.75 and MAD of RM 63, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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UTROPOLIS UTAMA, Seberang Perai Selatan, Penang

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Transactions

9 properties grouped by size

500 sqft
4 units Service Apartment
RM 290,000
495 sqft · RM 586.00 PSF
Dec 2022
RM 328,000
495 sqft · RM 662.00 PSF
Dec 2022
RM 295,000
495 sqft · RM 596.00 PSF
Jul 2022
RM 330,000
495 sqft · RM 666.00 PSF
Jun 2022
650 sqft
1 units Shop/Retail Lot
RM 340,000
635 sqft · RM 535.00 PSF
Aug 2022
700 sqft
2 units Service Apartment
RM 480,000
721 sqft · RM 666.00 PSF
Nov 2022
RM 480,000
721 sqft · RM 666.00 PSF
Oct 2022
1,650 sqft
1 units Shop/Retail Lot
RM 928,000
1,668 sqft · RM 556.00 PSF
Dec 2022
1,750 sqft
1 units Shop/Retail Lot
RM 850,000
1,744 sqft · RM 487.00 PSF
Sep 2022