THE CEO/ CEO AVENUE

THE CEO/ CEO AVENUE in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 681.

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 330K, with most transactions falling within a stable range of RM 270K to RM 390K, and a typical market range of RM 270K to RM 390K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 681, with core pricing between RM 604 and RM 758. Market pricing typically extends from RM 602.00 to RM 760.00, reflecting moderate variation in unit pricing. With an IQR of RM 158.00 and MAD of RM 77, the PSF demonstrates reasonable consistency across the market.

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.