LIST

Penang, Timur Laut, Jelutong

METRO AVENUE

Area Intelligence
2023
Median Price
RM 614,000
PSF: RM 731
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METRO AVENUE in Timur Laut, Penang recorded 6 subsale transactions in 2023, 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 491K to RM 737K, and a typical market range of RM 524K to RM 704K.

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

Price per square foot shows a median of RM 731, though individual units vary from RM 476 to RM 986 in the core range. The broader market spans RM 613.75 to RM 848.25, indicating diverse property characteristics. A wider spread (IQR: RM 234.50) and deviation (MAD: RM 255) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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METRO AVENUE, Timur Laut, Penang

OSM

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
650 sqft
Shop/Retail Lot
RM 734,000
Level 1
635 sqft · RM 1,156 PSF
RM 767,000
Level 1
667 sqft · RM 1,149 PSF
850 sqft
Shop/Retail Lot
RM 552,000
Level 3
840 sqft · RM 657 PSF
RM 502,000
Level 4
840 sqft · RM 598 PSF
RM 676,000
Level 6
840 sqft · RM 805 PSF
RM 434,000
Level 7
840 sqft · RM 517 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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