16 Commercial Properties for Sale at The CEO

The CEO at Lebuh Nipah 5 is a mixed-use office development, a leasehold property strategically located along Lebuh Nipah 5 in Bukit Jambul, one of Penang's established commercial and residential precincts. Completed in 2012, this modern high-rise development was designed to serve the evolving needs of small to medium enterprises, professionals, and investors seeking office or SOHO solutions close to Bayan Lepas' industrial and business ecosystem. Rising approximately 16 storeys, The CEO integrates office suites and SOHO units within a single tower, offering functional layouts, contemporary architectural styling, and views extending towards Bukit Jambul and parts of Bayan Lepas. One of the defining strengths of The CEO is its location within Bukit Jambul, a mature neighbourhood that bridges residential townships with major employment hubs. The development benefits from its proximity to the Bayan Lepas Free Industrial Zone, making it particularly attractive to companies, consultants, and service providers supporting Penang's manufacturing and technology sectors. While primarily a high-rise residential development, the project also includes office and SOHO units, offering flexibility for owner-occupiers and investors. Residents can enjoy conventional living spaces, while SOHO units cater to professionals seeking a work-live setup or a compact operational space. Complementing this is a secure and controlled building environment with dedicated lobbies, lifts, and parking facilities, ensuring a professional setting suitable for long-term commercial use. The CEO enjoys strong road connectivity, making daily commutes efficient for both local and regional travel. The development is conveniently reached via Jalan Sultan Azlan Shah, a major arterial road linking Bayan Baru, Bukit Jambul, and Gelugor. At the same time, the nearby Jelutong Expressway provides a direct route to George Town and the Penang Bridge. Penang International Airport is also easily accessible by a short drive, further enhancing the development's suitability for businesses with regional operations. The area is well served by Rapid Penang bus services, offering regular connections to Bayan Baru town centre, the Bayan Lepas industrial areas, and George Town. This combination of road accessibility and public transport support ensures the CEO remains well-connected despite its non-rail-based transit environment. The CEO enjoy a well-rounded range of facilities designed to support everyday convenience, wellness, and leisure within the development: Barbeque Area Cafes Car Park Gymnasium room Jacuzzi Launderette Lounge Recreation Room 24-hour security Swimming pool Together, these facilities enhance daily comfort and create a balanced live/work environment that suits both owner-occupiers and long-term tenants. The CEO benefits from its location within a residential zone, providing access to a broad selection of educational institutions: Sekolah Kebangsaan Bayan Baru SRJK (C) Shih Chung Cawangan QQ Sujana Educare Centre (Sungai Nibong) All these are located within a short drive, supporting families living or working in the area. Bukit Jambul is known for its practical mix of casual dining and everyday food outlets, and the CEO benefits directly from this convenience: Golden Taste Restaurant Pauline's Kare Sama These nearby dining options add everyday convenience and variety, supporting a comfortable workday routine and after-hours lifestyle around The CEO. Tenants and occupants also benefit from accessible healthcare services, with several medical centres located within a short driving distance: Klinik Medicris Eva Emily Clinic H Ambulatory Care Centre Together, these nearby clinics and care centres ensure essential healthcare needs are conveniently met without disrupting daily routines around the CEO. For everyday groceries and household needs, the CEOP have several convenient retail options within easy reach: Mydin Giant Bayan Baru Sunshine Square Collectively, these supermarkets provide reliable access to daily essentials. The CEO at Lebih Nipah 5 is a leasehold development situated on a strategically positioned commercial parcel along Lebuh Nipah 5, Bukit Jambul. Mixed commercial (Office & SOHO) Single high-rise block 16 storeys 2012 Type 1: One bedroom + one bathroom (513 sq ft) Type 2: One bedroom + one bathroom (1,294 sq ft) Type 3: One bedroom + one bathroom (724 sq ft) The building's contemporary glass-and-concrete façade reflects a functional commercial design, while its elevated position offers open views of the surrounding Bukit Jambul and Bayan Lepas areas. PDC, a wholly owned subsidiary of Penang Development Corporation (PDC), has developed the CEO in Lebuh Nipah 5. PDC has been Penang's state economic agency since 1971. It has helped develop the state's industrial parks, townships, and mixed-use development projects, providing long-term stability for more than 4 decades. PDC's portfolio includes township, industrial park, and mixed-use projects, demonstrating the company's long-term strategy and ability to deliver a stable, project-based environment for investors seeking investment opportunities in Penang. PDC Properties has been associated with several significant developments across Penang, including: Ixora Heights D'Residence These projects reflect the developer's focus on large-scale, infrastructure-supported developments aligned with Penang's economic growth. The CEO at Lebuh Nipah 5 is surrounded by a range of established residential and commercial developments that contribute to the area's vibrancy: Setia Pinnacle Tropicana Bay Residences Setia Tri-angle These neighbouring developments enhance the commercial and residential ecosystem around The CEO. The CEO at Lebuh Nipah 5 is a mix of residential and commercial developments in Bukit Jambul that offer potential buyers and tenants practical, easy-to-access, established options, rather than speculative possibilities. The CEO's low-rise commercial format, proximity to important business districts, and surrounding area provide Professional Service Industries, Small-Medium Enterprises, and Owner-Occupied Businesses with functional, long-term spaces that meet their needs. Investors can assess value through long-term demand, stable occupancy and a positive business tone supported through integration within an established full-service community. Additionally, for occupiers, the CEO offers a significant upside return through its value placed within an established Penang commercial corridor. Check out the latest sales and rental listings to see what’s available on the market.