Metro Avenue

11600 Jelutong, Pulau Pinang, Malaysia

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Selling in Metro Avenue? Homes here sold for a median of RM666,000.

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Metro Avenue, 11600 Jelutong, Pulau Pinang, Malaysia

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Metro Avenue in Timur Laut, Penang recorded 0 subsale transactions in 2021, 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 RM480.75 to RM715.25, 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.