The C E O
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2022 | |||||
|
Level 11
|
RM 380,000
|
RM 1,358
|
280 sqft
|
|
Office |
|
Level 9
|
RM 400,000
|
RM 906
|
441 sqft
|
|
Office |
|
Level 7
|
RM 240,000
|
RM 858
|
280 sqft
|
|
Office |
|
Level 13
|
RM 355,000
|
RM 785
|
452 sqft
|
|
Office |
|
Level 8
|
RM 290,000
|
RM 748
|
388 sqft
|
|
Office |
|
Level 2
|
RM 290,000
|
RM 586
|
495 sqft
|
|
Office |
|
Level 2
|
RM 255,000
|
RM 447
|
570 sqft
|
|
Office |
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Market Snapshot
CommercialRM 290,000
RM 785 psfMedian transaction price
The C E O, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe C E O in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 785.
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 290K, with most transactions falling within a stable range of RM 240K to RM 348K, and a typical market range of RM 240K to RM 344K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM 785, though individual units vary from RM 519 to RM 1,052 in the core range. The broader market spans RM 712.26 to RM 858.26, indicating diverse property characteristics. A wider spread (IQR: RM 146.00) and deviation (MAD: RM 267) indicate significant PSF variations, likely due to diverse property types or conditions.
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.