Metro Avenue

11600 Jelutong, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM 666,000
PSF
RM 598
Price Size
650 sqft
Shop
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
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
1,200 sqft
Shop
RM 733,000
Level 3
1,184 sqft · RM 619 PSF
RM 666,000
Level 4
1,184 sqft · RM 562 PSF
RM 556,000
Level 6
1,184 sqft · RM 470 PSF
RM 579,000
Level 7
1,216 sqft · RM 476 PSF
2,700 sqft
Shop
RM 1,100,000
Level G
2,680 sqft · RM 410 PSF
Legend Recent Highest Price Highest PSF

Posts about Metro Avenue

Loading map...

Metro Avenue, 11600 Jelutong, Pulau Pinang, Malaysia

Maps

Metro Avenue in Timur Laut, Penang recorded 11 subsale transactions in 2023, 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 495K to RM 837K, 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 351 to RM 845 in the core range. The broader market spans RM 480.67 to RM 715.17, indicating diverse property characteristics. A wider spread (IQR: RM 234.50) and deviation (MAD: RM 247) 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.