TAMAN CASA UTOPIA

TAMAN CASA UTOPIA in Seberang Perai Utara, Penang recorded 18 subsale transactions in 2023, with a median price of RM 499K and a median price per square foot (PSF) of RM 448.

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 499K, with most transactions falling within a stable range of RM 464K to RM 534K, and a typical market range of RM 473K to RM 525K.

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

For price per square foot, the median is RM 448, with most transactions between RM 419 and RM 476. The usual range is RM 418.13 to RM 476.88, showing that most units are priced quite close to each other. With an IQR of RM 58.75 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.