THE CEO/ CEO AVENUE
Commercial Market
Median Price
RM 290,000
PSF Trends (2021-2025)
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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 380,000
|
RM 1,358.00
|
280 sqft
|
Sep 2022
|
||
|
RM 240,000
|
RM 858.00
|
280 sqft
|
Aug 2022
|
|
RM 290,000
|
RM 748.00
|
388 sqft
|
Jun 2022
|
|
RM 400,000
|
RM 906.00
|
441 sqft
|
Sep 2022
|
||
|
RM 355,000
|
RM 785.00
|
452 sqft
|
Jul 2022
|
|
RM 290,000
|
RM 586.00
|
495 sqft
|
Mar 2022
|
|
RM 255,000
|
RM 447.00
|
570 sqft
|
Jan 2022
|