Area Intelligence

THE CEO/ CEO AVENUE

17 properties
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Median Price
RM 320,000
PSF: RM 785

Commercial Market

Median Price

RM 320,000

IQR: RM 158
MAD: RM 77
RM 785 PSF 4.4%

PSF Trends (2021-2025)

THE CEO/ CEO AVENUE in Timur Laut, Penang recorded 17 subsale transactions between 2021 and 2025, with a median price of RM 320K 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 320K, with most transactions falling within a stable range of RM 260K to RM 380K, and a typical market range of RM 260K to RM 380K.

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.

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.

Area Location

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THE CEO/ CEO AVENUE, Timur Laut, Penang

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Transactions

17 properties grouped by size

300 sqft
4 units Office Lot
RM 210,000
280 sqft · RM 750.00 PSF
Sep 2023
RM 220,000
280 sqft · RM 786.00 PSF
Feb 2023
RM 380,000
280 sqft · RM 1,358.00 PSF
Sep 2022
RM 240,000
280 sqft · RM 858.00 PSF
Aug 2022
400 sqft
2 units Office Lot
RM 300,000
388 sqft · RM 774.00 PSF
Jun 2024
RM 290,000
388 sqft · RM 748.00 PSF
Jun 2022
450 sqft
8 units Office Lot
RM 550,000
452 sqft · RM 1,217.00 PSF
Sep 2024
RM 420,000
441 sqft · RM 952.00 PSF
Jul 2024
RM 320,000
452 sqft · RM 708.00 PSF
Jun 2024
RM 330,000
441 sqft · RM 748.00 PSF
May 2024
RM 360,000
452 sqft · RM 796.00 PSF
Dec 2023
RM 400,000
441 sqft · RM 906.00 PSF
Sep 2022
RM 355,000
452 sqft · RM 785.00 PSF
Jul 2022
RM 400,000
441 sqft · RM 906.00 PSF
Jul 2021
500 sqft
1 units Office Lot
RM 290,000
495 sqft · RM 586.00 PSF
Mar 2022
550 sqft
2 units Office Lot
RM 255,000
570 sqft · RM 447.00 PSF
Jan 2022
RM 260,000
570 sqft · RM 456.00 PSF
Nov 2021