Centrio Avenue

Taman Bukit Gambier, 11700 Gelugor, Penang, Malaysia

Property Transactions

21 subsales grouped by size

Median
RM320,000
PSF
RM465
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM300,000
Level 15
689 sqft · RM435 PSF
RM360,000
Level 30
689 sqft · RM523 PSF
RM288,000
Level 9
678 sqft · RM425 PSF
RM305,000
Level 16
678 sqft · RM450 PSF
RM330,000
Level 29
678 sqft · RM487 PSF
RM350,000
Level 13
689 sqft · RM508 PSF
+15 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM320,000

RM465 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 21 subsale transactions in 2023, with a median price of RM320K and a median price per square foot (PSF) of RM465.

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 RM320K, with most transactions falling within a stable range of RM286K to RM354K, and a typical market range of RM293K to RM347K.

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

The median PSF stands at RM465, with core pricing between RM415 and RM514. Market pricing typically extends from RM425.65 to RM503.40, reflecting moderate variation in unit pricing. With an IQR of RM77.75 and MAD of RM50, 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.