THE CEO/ CEO AVENUE

THE CEO/ CEO AVENUE in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 320K 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 320K, with most transactions falling within a stable range of RM 255K to RM 385K, and a typical market range of RM 260K to RM 380K.

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 581 to RM 989 in the core range. The broader market spans RM 706.00 to RM 864.00, indicating diverse property characteristics. A wider spread (IQR: RM 158.00) and deviation (MAD: RM 204) 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.