Metro Avenue

11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM666,000
PSF
RM598
Period
transactions middle 50% (P25–P75)
650 sqft
Shop
RM734,000
Level 1
635 sqft · RM1,156 PSF
RM767,000
Level 1
667 sqft · RM1,149 PSF
850 sqft
Shop
RM552,000
Level 3
840 sqft · RM657 PSF
RM502,000
Level 4
840 sqft · RM598 PSF
RM676,000
Level 6
840 sqft · RM805 PSF
RM434,000
Level 7
840 sqft · RM517 PSF
1,200 sqft
Shop
RM733,000
Level 3
1,184 sqft · RM619 PSF
RM666,000
Level 4
1,184 sqft · RM562 PSF
RM556,000
Level 6
1,184 sqft · RM470 PSF
RM579,000
Level 7
1,216 sqft · RM476 PSF
2,700 sqft
Shop
RM1,100,000
Level G
2,680 sqft · RM410 PSF
Legend Recent Highest Price Highest PSF

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Metro Avenue, 11600 Jelutong, Pulau Pinang, Malaysia

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Metro Avenue in Timur Laut, Penang recorded 11 subsale transactions between 2021 and 2026, with a median price of RM666K and a median price per square foot (PSF) of RM598.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM666K, with most transactions falling within a stable range of RM565K to RM767K, and a typical market range of RM576K to RM756K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM598, though individual units vary from RM476 to RM720 in the core range. The broader market spans RM480.67 to RM715.17, indicating diverse property characteristics. The spread of RM234.50 (IQR) and deviation of RM122 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.