CENTRIO AVENUE

CENTRIO AVENUE in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 476.

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 328K, with most transactions falling within a stable range of RM 289K to RM 360K, and a typical market range of RM 303K to RM 353K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 476, with core pricing between RM 419 and RM 532. Market pricing typically extends from RM 440.75 to RM 510.25, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.