CENTRIO AVENUE

CENTRIO AVENUE in Timur Laut, Penang recorded 15 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 457.

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 RM 310K, with most transactions falling within a stable range of RM 289K to RM 331K, and a typical market range of RM 285K to RM 335K.

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

For price per square foot, the median is RM 457, with most transactions between RM 427 and RM 487. The usual range is RM 422.25 to RM 491.75, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 30, 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.