LIST

Penang, Timur Laut, 13

THE CEO/ CEO AVENUE

Area Intelligence
2022
Median Price
RM 290,000
PSF: RM 785
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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 240K to RM 348K, and a typical market range of RM 240K to RM 350K.

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 518 to RM 1,052 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 267) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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THE CEO/ CEO AVENUE, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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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