CENTRIO AVENUE

CENTRIO AVENUE in Timur Laut, Penang recorded 12 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 476.

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 328K, with most transactions falling within a stable range of RM 306K to RM 349K, and a typical market range of RM 303K to RM 353K.

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

For price per square foot, the median is RM 476, with most transactions between RM 445 and RM 506. The usual range is RM 440.75 to RM 510.25, 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.