METRO AVENUE

METRO AVENUE in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 623K and a median price per square foot (PSF) of RM 519.

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 623K, with most transactions falling within a stable range of RM 522K to RM 724K, and a typical market range of RM 533K to RM 712K.

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

Price per square foot shows a median of RM 519, though individual units vary from RM 397 to RM 641 in the core range. The broader market spans RM 401.75 to RM 636.25, indicating diverse property characteristics. 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.