METRO AVENUE in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM 666K and a median price per square foot (PSF) of RM 598.
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 565K to RM 767K, and a typical market range of RM 576K to RM 756K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 598, though individual units vary from RM 476 to RM 720 in the core range. The broader market spans RM 480.75 to RM 715.25, 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.
