Metro Avenue

11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Median
RM527,000
PSF
RM628
Price Size
Period
transactions middle 50% (P25–P75)
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
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 4 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM527K and a median price per square foot (PSF) of RM628.

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 RM527K, with most transactions falling within a stable range of RM439K to RM615K, and a typical market range of RM437K to RM617K.

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

The median PSF stands at RM628, with core pricing between RM522 and RM733. Market pricing typically extends from RM510.44 to RM744.94, reflecting moderate variation in unit pricing. The spread of RM234.50 (IQR) and deviation of RM105 (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.