Jalan Utama

Jln. Utama, George Town, Pulau Pinang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM1,550,000
PSF
RM929
Price Size
Period
transactions middle 50% (P25–P75)
1,650 sqft
2-Sty Terrace
RM1,550,000
Lebuh Nambyar
1,668 sqft · RM929 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 1,625 and 1,674 sqft, with a median price of RM1.55 million and a median price per square foot (PSF) of RM929.

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 RM929, with most transactions between RM929 and RM929. The usual range is RM912.28 to RM945.78, 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.