The CEO, Bukit Jambul
The CEO is a freehold office building that is located in Bukit Jambul, Penang Island. The built-up available at this property is 411 sf to 728 sf. It was developed by PDC Properties Sdn Bhd (aka Penang Development Corp) with a launch price at about RM305 psf, and was completed in around End 2011.
PDC Properties Sdn Bhd (aka Penang Development Corp) is a privately held medium-scale property development company, and it has built about 11 property projects in Malaysia. Other similar projects by the same developer are BJ Cove, D'Residence, Dedaun, GBS @ Mayang, Ixora Heights, Jirane Residensi, PDC Jasmine, Pangsapuri Suria, Quartermile and Sunshine Square.
The only amenities nearby this office building are some schools. Some of the schools here include SK Bayan Baru and SMK Sungai Nibong (Ppki).
The current rental yield of The CEO is around 4.57%, compared to 5.05% 3 years ago in Q4 2018. The highest rental yield ever recorded was 7.83% in Q1 2018; while the lowest one was 4.2% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at The CEO is 728 sf with a median price of RM490 psf. For price wise, the most expensive one is 411 sf with a median price of RM700 psf; while the cheapest one is 728 sf with a median price of RM490 psf.
Latest The CEO sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 29 Apr 2024 | Shop-Office | 850 sf | RM450,000 |
| 11 Oct 2023 | Office | 474 sf | RM288,000 |
| 7 Oct 2023 | Office | 460 sf | RM320,000 |
| 22 Sep 2023 | Office | 452 sf | RM266,000 |
| 28 Aug 2023 | Office | 452 sf | RM296,000 |
| 29 Aug 2023 | Office | 452 sf | RM296,000 |
| 16 Aug 2023 | Office | 450 sf | RM370,000 |
| 31 Jul 2023 | Office | 1,000 sf | RM550,000 |
| 16 Jul 2023 | Shop-Office | 728 sf | RM361,000 |
| 11 Jul 2023 | Retail | 737 sf | RM850,000 |
Latest The CEO rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 14 Mar 2024 | Retail | 1,200 sf | RM5,500 |
| 21 Oct 2023 | Shop-Office | 1,200 sf | RM4,800 |
| 23 Jun 2023 | Office | 2,339 sf | RM6,000 |
| 2 May 2023 | Office | 800 sf | RM1,900 |
| 28 Dec 2022 | Office | 420 sf | RM1,500 |
| 25 Nov 2022 | Office | 500 sf | RM1,500 |
| 10 Nov 2022 | Shop-Office | 818 sf | RM1,700 |
| 12 Oct 2022 | Shop-Office | 2,339 sf | RM6,000 |
| 11 Oct 2022 | Shop-Office | 689 sf | RM1,600 |
| 11 Oct 2022 | Office | 750 sf | RM1,200 |