LIST

Penang, Timur Laut, 13

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 423K, and a typical market range of RM 300K to RM 390K.

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

Price per square foot shows a median of RM 774, though individual units vary from RM 586 to RM 962 in the core range. The broader market spans RM 695.00 to RM 853.00, indicating diverse property characteristics. The spread of RM 158.00 (IQR) and deviation of RM 188 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

5 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
400 sqft
Office Lot
RM 300,000
Level 7
388 sqft · RM 774 PSF
450 sqft
Office Lot
RM 550,000
Level 9
452 sqft · RM 1,217 PSF
RM 420,000
Level 9
441 sqft · RM 952 PSF
RM 320,000
Level 10
452 sqft · RM 708 PSF
RM 330,000
Level 8
441 sqft · RM 748 PSF

No Properties For Sale

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

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