Penang
Timur Laut
13
THE CEO/ CEO AVENUE

THE CEO/ CEO AVENUE

Area Intelligence

2024

Median Price

RM 330,000

PSF: RM 774

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Commercial PSF Trends

Median Price

RM 330,000

RM 774 PSF

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 300K to RM 376K, and a typical market range of RM 300K to RM 390K.

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

The median PSF stands at RM 774, with core pricing between RM 681 and RM 867. Market pricing typically extends from RM 695.00 to RM 853.00, reflecting moderate variation in unit pricing. With an IQR of RM 158.00 and MAD of RM 93, 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.

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THE CEO/ CEO AVENUE, Timur Laut, Penang

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