The C E O
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 9
|
RM 550,000
|
RM 1,217
|
452 sqft
|
|
|
|
Level 9
|
RM 420,000
|
RM 952
|
441 sqft
|
|
|
|
Level 10
|
RM 320,000
|
RM 708
|
452 sqft
|
|
|
|
Level 8
|
RM 330,000
|
RM 748
|
441 sqft
|
|
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Market Snapshot
CommercialRM 330,000
RM 774 psfMedian transaction price
The C E O, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsThe C E O 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 384K.
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 701.19 to RM 847.19, indicating diverse property characteristics. The spread of RM 146.00 (IQR) and deviation of RM 188 (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.