The C E O
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 9
|
RM 550,000
|
RM 1,217
|
452 sqft
|
|
Office |
|
Level 9
|
RM 420,000
|
RM 952
|
441 sqft
|
|
Office |
|
Level 10
|
RM 320,000
|
RM 708
|
452 sqft
|
|
Office |
|
Level 8
|
RM 330,000
|
RM 748
|
441 sqft
|
|
Office |
| 2023 | |||||
|
Level 9
|
RM 360,000
|
RM 796
|
452 sqft
|
|
Office |
| 2022 | |||||
|
Level 9
|
RM 400,000
|
RM 906
|
441 sqft
|
|
Office |
|
Level 13
|
RM 355,000
|
RM 785
|
452 sqft
|
|
Office |
| 2021 | |||||
|
Level 7
|
RM 400,000
|
RM 906
|
441 sqft
|
|
Office |
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Market Snapshot
CommercialRM 380,000
RM 851 psfMedian transaction price
The C E O, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe C E O in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 425 and 474 sqft, with a median price of RM 380K and a median price per square foot (PSF) of RM 851.
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 380K, with most transactions falling within a stable range of RM 320K to RM 448K, and a typical market range of RM 326K to RM 434K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 851, with core pricing between RM 700 and RM 1,003. Market pricing typically extends from RM 778.35 to RM 924.35, reflecting moderate variation in unit pricing. The spread of RM 146.00 (IQR) and deviation of RM 151 (MAD) suggest moderate price variations reflecting different property features.
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.