THE CEO/ CEO AVENUE

THE CEO/ CEO AVENUE in Timur Laut, Penang recorded 5 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 774.

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.

For price per square foot, the median is RM 774, with most transactions between RM 697 and RM 851. The usual range is RM 695.00 to RM 853.00, showing that most units are priced quite close to each other. 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.