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Property Insights & Reviews : The CEO

The CEO

1 for Sale

0 for Rent

Freehold

F/H
The CEO is dubbed as the first smart office in Penang. Sited in Bukit Jambul, this modern integrated commercial development compasses Smart Office Suite concept and is suitable for start-up businesses and small-operation companies. It features modern architecture design with the use of glass and aluminum for its façade.The CEO consists of a total 250 office suite units and a retail mall on the first two floors. The office suite is offered with built-up sizes from 737sf onwards. Each unit is fitted with bathroom and a compact kitchenette. The retail podium offers food and beverages outlets that host al-fresco dining by a landscaped tiled pedestrian promenade. Adding to that, The CEO is well equipped with 24-hour security features including CCTV surveillance and guard patrol. It is furnished with clubhouse facilities including a gymnasium, swimming pool, Jacuzzi and BBQ area, as well as business facilities that include a lounge area, meeting room, training room and conference room. In terms of location, The CEO is strategically accessible within just 10 minutes from the Penang Bridge, Penang International Airport, Bayan Lepas Free Indsutrial Zone, Penang cybercity and Universiti Sains Malaysia (USM). It can be reached via Jalan Sultan Azlan Shah, Jalan Bukit Gambier, Sungai Nibong Highway and Jalan Tun Dr Awang.

Property Details

  • Name: The CEO
  • Address: Lebuh Nipah 7, Bukit Jambul, Penang
  • Developer: Penang Development Corporation
  • Completion Date: End 2011 (estimate)
  • Type: Office & Retail Mall
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Units
  • Office Suite: 250
  • Built-up: From 737 sf
  • Launch Price: From RM305 psf (RM125,000 – RM244,000)
  • Subsale Price:
  • Rental:
  • Facilities

  • Lounge area
  • Café
  • Discussion room
  • Meeting room
  • Training room
  • Conference room
  • Gymnasium & recreation
  • Swimming pool
  • Jacuzzi
  • BBQ area
  • Analysis

    This project has been delayed for almost 5 years (it was launched in January 2006) and it is still not completed till this date. However, it is believed that it will be completed by the end of 2011. Location wise, The CEO is strategically located within the established area of Bukit Jambul and can be easily visible fronting Jalan Bukit Gambier. It is in between a commercial area of shop lots and Vistana Hotel. Besides that, it is surrounded by residential areas and renowned retail malls such as Bukit Jambul Complex and i-Avenue.Moreover, The CEO is also supported by basic amenities surrounding it such as an eateries centre (Lebuh Nipah Complex and Yee Hong Food Court), schools (SRJK © Shih Chung, SMK Sungai Nibong, and SRJK © Kwang Hwa as well as D’Monte Pre-School) and a police station.

    Location