Area Intelligence

JLN UTAMA

1 properties
Double Storey Terraced
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Median Price
RM 1,550,000
PSF: RM 630

Residential Market

Median Price

RM 1,550,000

IQR: RM 34
MAD: RM 2
RM 630 PSF 5.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

JLN UTAMA in Timur Laut, Penang recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 630.

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

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

Within the Double Storey Terraced category, detached dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 630, with most transactions between RM 630 and RM 630. The usual range is RM 613.25 to RM 646.75, 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 0 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

1 properties grouped by size

2,450 sqft
1 units Double Storey Terraced
RM 1,550,000
LEBUH NAMBYAR
2,462 sqft · RM 630.00 PSF
May 2023