TAMAN CASA UTOPIA

TAMAN CASA UTOPIA in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2022, with a median price of RM 479K and a median price per square foot (PSF) of RM 418.

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 479K, with most transactions falling within a stable range of RM 427K to RM 531K, and a typical market range of RM 453K to RM 505K.

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

The median PSF stands at RM 418, with core pricing between RM 353 and RM 483. Market pricing typically extends from RM 388.63 to RM 447.38, reflecting moderate variation in unit pricing. The spread of RM 58.75 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.