THE CEO/ CEO AVENUE

Area Intelligence
2022
Median Price
RM 290,000
PSF: RM 785

Commercial PSF Trends

Median Price

RM 290,000

RM 785 PSF

THE CEO/ CEO AVENUE 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 268K to RM 290K, and a typical market range of RM 240K to RM 290K.

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

The median PSF stands at RM 785, with core pricing between RM 629 and RM 941. Market pricing typically extends from RM 706.00 to RM 864.00, reflecting moderate variation in unit pricing. The spread of RM 158.00 (IQR) and deviation of RM 156 (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.

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THE CEO/ CEO AVENUE, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions grouped by size

300 sqft
Office Lot
RM 380,000
Level 11
280 sqft · RM 1,358 PSF
RM 240,000
Level 7
280 sqft · RM 858 PSF
400 sqft
Office Lot
RM 290,000
Level 8
388 sqft · RM 748 PSF
450 sqft
Office Lot
RM 400,000
Level 9
441 sqft · RM 906 PSF
RM 355,000
Level 13
452 sqft · RM 785 PSF
500 sqft
Office Lot
RM 290,000
Level 2
495 sqft · RM 586 PSF
550 sqft
Office Lot
RM 255,000
Level 2
570 sqft · RM 447 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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