THE CEO/ CEO AVENUE

THE CEO/ CEO AVENUE in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 681.

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 260K to RM 400K, and a typical market range of RM 270K to RM 390K.

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

Price per square foot shows a median of RM 681, though individual units vary from RM 456 to RM 906 in the core range. The broader market spans RM 602.00 to RM 760.00, indicating diverse property characteristics. A wider spread (IQR: RM 158.00) and deviation (MAD: RM 225) indicate significant PSF variations, likely due to diverse property types or conditions.

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.