BandingHouse

Centrio Avenue

Timur Laut, Penang · High-rise (condo, apartment, flat) · Freehold

Homes in Centrio Avenue have sold for a median of

RM320,000

RM464 psf on the recorded floor area

RM297,750median RM320,000RM350,000

Half of the 58 recorded sales fell between RM297,750 and RM350,000. One in ten went under RM270,000, one in ten over RM360,000. Sales run from 12 April 2021 to 23 February 2026.

Up 6% from a RM310,000 median in 2022 to RM327,500 in 2024.

On mudah.my right now — 30 ads naming Centrio Avenue

Sellers are asking a median of

RM467 psf

That is +1% above the RM464 psf buyers actually paid here across all recorded sales. Same scheme, same kind of home, same floor-area basis.

Ads asking between RM300,000 and RM337,250 make up the middle half. An ad may still describe a renovated, larger or worse unit than the sales it is compared to, and mudah.my skews to owner and urgent sales — a figure a few percent under the record is common there.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM240,000RM353 psf3
2022RM310,000RM457 psf15
2023RM325,000RM472 psf23
2024RM327,500RM475 psf12
2025RM314,000RM459 psf4
2026RM360,000RM531 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Timur Laut with enough recorded sales, cheapest first. By median sold price, Centrio Avenue sits 61 of 154 in that set.

54 cheaper schemes above

87 dearer schemes below

Against Penang

Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Centrio Avenue’s own median is RM320,000 — higher than that state median. Full Penang table.

Cash and monthly on the RM320,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM32,000
  • Transfer duty (MOT): RM5,400
  • Loan duty (0.5%): RM1,440
  • Total cash: RM38,840
  • Qualifying first home: RM32,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,275
  • Total monthly: RM1,275

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Centrio Avenue sold for?
A median of RM320,000 (RM464 psf), from 58 land-office transactions between 12 April 2021 and 23 February 2026.
What is a typical band here?
Half of recorded sales fell between RM297,750 and RM350,000. One in ten went under RM270,000; one in ten over RM360,000.
Has the median moved?
From RM310,000 in 2022 to RM327,500 in 2024 (+6%), using only years with five or more sales.
How do live ads compare?
Ads naming Centrio Avenue ask a median of RM467 psf +1% versus the RM464 psf buyers paid here. Same scheme match; not a mark-up on every listing.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.