Jalan Utama in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, 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. The median price is RM2.30 million, with most transactions falling within a stable range of RM1.55 million to RM3.05 million, and a typical market range of RM1.55 million to RM3.24 million.

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

For price per square foot, the median is RM628, with most transactions between RM626 and RM630. 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 RM2 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.