Penang
Timur Laut
Jelutong
METRO AVENUE

METRO AVENUE

Area Intelligence

Median Price

RM 666,000

PSF: RM 476

METRO AVENUE in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 666K and a median price per square foot (PSF) of RM 476.

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 666K, with most transactions falling within a stable range of RM 556K to RM 863K, and a typical market range of RM 576K to RM 756K.

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

The median PSF stands at RM 476, with core pricing between RM 402 and RM 550. Market pricing typically extends from RM 358.75 to RM 593.25, reflecting moderate variation in unit pricing. The spread of RM 234.50 (IQR) and deviation of RM 74 (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.

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METRO AVENUE, Timur Laut, Penang

OSM

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Shop/Retail Lot

1,200 sqft

Shop/Retail Lot

RM 733,000

Level 3

1,184 sqft · RM 619 PSF

Jan 2023

RM 666,000

Level 4

1,184 sqft · RM 562 PSF

Jan 2023

RM 556,000

Level 6

1,184 sqft · RM 470 PSF

Jan 2023

RM 579,000

Level 7

1,216 sqft · RM 476 PSF

Jan 2023

Level 3	RM 733,000	RM 619	1,184 sqft	Jan 2023
Level 4	RM 666,000	RM 562	1,184 sqft	Jan 2023
Level 6	RM 556,000	RM 470	1,184 sqft	Jan 2023
Level 7	RM 579,000	RM 476	1,216 sqft	Jan 2023