Area Intelligence

JLN UTAMA

3 properties
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Median Price
RM 2,300,000
PSF: RM 628

Residential Market

Median Price

RM 2,300,000

IQR: RM 34
MAD: RM 2
RM 628 PSF 5.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN UTAMA in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 628.

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 2.30 million, with most transactions falling within a stable range of RM 1.55 million to RM 3.05 million, and a typical market range of RM 1.55 million to RM 3.24 million.

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

For price per square foot, the median is RM 628, with most transactions between RM 626 and RM 630. The usual range is RM 611.25 to RM 644.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.50 and an average deviation (MAD) of RM 2 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.

Area Location

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JLN UTAMA, Timur Laut, Penang

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Transactions

3 properties found

Double Storey Terraced LEBUH NAMBYAR
RM 1,550,000
2,462 sqft May 2023
RM 630.00 PSF
Detached KUCHING LANE
RM 2,300,000
3,661 sqft Oct 2022
RM 628.00 PSF
Detached JALAN UTAMA
RM 5,300,000
9,411 sqft Jun 2022
RM 563.00 PSF