Centrio Avenue

Taman Bukit Gambier, 11700 Gelugor, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM240,000
PSF
RM353
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM305,000
Level 19
678 sqft · RM450 PSF
RM240,000
Level 10
680 sqft · RM353 PSF
RM240,000
Level 10
689 sqft · RM348 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM240,000

RM353 psf

Median transaction price

Average

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Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.

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Centrio Avenue, Taman Bukit Gambier, 11700 Gelugor, Penang, Malaysia

Maps

Centrio Avenue in Timur Laut, Penang recorded 3 subsale transactions in 2021, with a median price of RM240K and a median price per square foot (PSF) of RM353.

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 RM240K, with most transactions falling within a stable range of RM240K to RM271K, and a typical market range of RM240K to RM267K.

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

The median PSF stands at RM353, with core pricing between RM306 and RM400. Market pricing typically extends from RM314.09 to RM391.84, reflecting moderate variation in unit pricing. With an IQR of RM77.75 and MAD of RM47, 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.