Metro Avenue

Shop Office
Lintang Hajjah Rehman, Metro Avenue, 11600 Jelutong, Penang
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Developer

Nusmetro Sdn Bhd
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Developer of Metro Avenue, Nusmetro Sdn Bhd

Facilities

Covered parking

Metro Avenue, located along Lintang Hajjah Rehman in Jelutong, Penang, is a freehold commercial property. It consists of shop offices with built-up areas measuring about 2,400 sf to 2,800 sf constructed to form a square complex.

Currently, some of the main tenants at Metro Avenue are Bank Rakyat and the Nusmetro property developer company (also the developers for Metro Avenue), which occupy the corner lots of the complex. Parking lots for cars and motorcycles are available on the ground floor around the property.

Within a close walking distance from Metro Avenue, there are several residential developments such as Mutiara Heights, Mutiara Idaman and Sinar Bukit Dumbar. No doubt, the residents from these high-rises and homes, as well as the multitude of residents in Jelutong will find the businesses at the commercial complex of Metro Avenue extremely convenient, especially those like eateries and grocery stores.

The property stands next to the Jelutong Expressway, also known as the Tun Dr Lim Chong Eu Expressway. One of Penang’s major routes, it stretches all the way from Georgetown to Batu Maung in the southern part of Penang. The expressway is used by many motorists daily, giving the businesses in Metro Avenue – especially those facing the main road – excellent visibility.

Other than the Jelutong Expressway, Metro Avenue also can be accessed through the busy Gelugor Highway that cuts through Jelutong en route from Georgetown to Bayan Lepas, where the free industrial zones are situated.

24-hour
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No
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No
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  • NIL
  • From RM 699,000
  • From RM 1,200
  • NIL
Built Up
2,400 SQ. FT - 2,800 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storey
5
Total Units
NIL
Parking
NIL

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Metro Avenue 0 NIL From RM 699,000
Straits Garden 2016 From RM 318,000 RM 295,000 - RM 800,000
RM 453 psf - RM 1,082 psf
Artis 3 2019 RM 200,000 - RM 1,240,000 RM 700,000 - RM 950,000
RM 632 psf - RM 760 psf
3 For Rent in Metro Avenue 36 For Sale in Straits Garden 23 For Rent in Straits Garden 3 For Sale in Artis 3 1 For Rent in Artis 3

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Metro Avenue 0 From RM 699,000 From RM 1,200 NIL NIL
Grace Residence 2019 RM 880,000 - RM 1,450,000
RM 534 psf - RM 878 psf
NIL NIL NIL
Aspen Residence Mar 2016 RM 680,000 - RM 860,000
RM 531 psf - RM 619 psf
RM 2,000 - RM 2,000 NIL 3.12 %
The H2O 2016 RM 800,000 - RM 900,000
RM 500 psf - RM 562 psf
RM 1,500 - RM 1,500 NIL 2.33 %
D'Mansion 2013 RM 995,000 - RM 1,011,000
RM 686 psf - RM 697 psf
NIL NIL NIL
Richmont Residences 2010 From RM 1,300,000 RM 2,800 - RM 2,800 NIL NIL
Taman Kang Har Tong 2009 RM 375,000 - RM 375,000
RM 535 psf - RM 535 psf
RM 800 - RM 800 NIL 2.72 %
3 For Rent in Metro Avenue 2 For Sale in Grace Residence 8 For Sale in Aspen Residence 1 For Rent in Aspen Residence 3 For Sale in The H2O 13 For Rent in The H2O 2 For Sale in D'Mansion

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 356 psf
Non Landed Properties
RM 560 psf
Landed Properties
RM 1,095 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 69,900
    Loan Amount ( 90 %) RM 629,100
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (2,400 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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