Area Intelligence

UTROPOLIS UTAMA

14 properties
2024
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Median Price
RM 330,000
PSF: RM 630

Residential Market

Median Price

RM 320,000

IQR: RM 66
MAD: RM 30
RM 635 PSF 2.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 729,500

IQR: RM 11
MAD: RM 11
RM 562 PSF 2.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

UTROPOLIS UTAMA in Seberang Perai Selatan, Penang recorded 14 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 630.

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 330K, with most transactions falling within a stable range of RM 295K to RM 490K, and a typical market range of RM 295K to RM 418K.

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

For price per square foot, the median is RM 630, with most transactions between RM 587 and RM 673. The usual range is RM 593.13 to RM 666.88, showing that most units are priced quite close to each other. With an IQR of RM 73.75 and MAD of RM 43, 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

14 properties grouped by size

500 sqft
9 units (showing 6) Service Apartment
RM 320,000
495 sqft · RM 646.00 PSF
Jul 2024
RM 314,000
495 sqft · RM 634.00 PSF
Jul 2024
RM 320,000
495 sqft · RM 646.00 PSF
Jun 2024
RM 295,000
495 sqft · RM 596.00 PSF
Jun 2024
RM 340,000
495 sqft · RM 687.00 PSF
Jun 2024
RM 310,000
495 sqft · RM 626.00 PSF
May 2024
700 sqft
3 units Service Apartment
RM 430,000
721 sqft · RM 596.00 PSF
Jun 2024
RM 430,000
721 sqft · RM 596.00 PSF
May 2024
RM 410,000
721 sqft · RM 569.00 PSF
Apr 2024
950 sqft
1 units Shop/Retail Lot
RM 531,000
936 sqft · RM 567.00 PSF
Sep 2024
1,650 sqft
1 units Shop/Retail Lot
RM 928,000
1,668 sqft · RM 556.00 PSF
Jun 2024