METRO AVENUE

METRO AVENUE in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 614K and a median price per square foot (PSF) of RM 731.

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 RM 614K, with most transactions falling within a stable range of RM 513K to RM 715K, and a typical market range of RM 524K to RM 704K.

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

The median PSF stands at RM 731, with core pricing between RM 609 and RM 853. Market pricing typically extends from RM 613.75 to RM 848.25, reflecting moderate variation in unit pricing. The spread of RM 234.50 (IQR) and deviation of RM 122 (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.