THE CEO/ CEO AVENUE

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.