THE CEO/ CEO AVENUE

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 230K to RM 350K, and a typical market range of RM 230K to RM 350K.

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

For price per square foot, the median is RM 785, with most transactions between RM 708 and RM 862. The usual range is RM 706.00 to RM 864.00, showing that most units are priced quite close to each other. With an IQR of RM 158.00 and MAD of RM 77, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.