CENTRIO AVENUE

CENTRIO AVENUE in Timur Laut, Penang recorded 21 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 465.

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 320K, with most transactions falling within a stable range of RM 286K to RM 354K, and a typical market range of RM 295K to RM 345K.

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

The median PSF stands at RM 465, with core pricing between RM 415 and RM 515. Market pricing typically extends from RM 430.25 to RM 499.75, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 50, 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. Moderate transaction volume may require patience when buying or selling.