Jalan Utama

Jln. Utama, George Town, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM2,300,000
PSF
RM628
Price Size
Period
transactions middle 50% (P25–P75)
RM2,300,000
Kuching Lane
3,661 sqft RM628 PSF
Legend Recent Highest Price Highest PSF

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Jln. Utama, George Town, Pulau Pinang, Malaysia

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Jalan Utama in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 3,625 and 3,674 sqft, with a median price of RM2.30 million and a median price per square foot (PSF) of RM628.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM628, with most transactions between RM628 and RM628. The usual range is RM611.51 to RM645.01, showing that most units are priced quite close to each other. A typical spread (IQR) of RM33.50 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

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.