Taman Ciku
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ciku
|
RM 740,000
|
RM 380
|
1,948 sqft
|
|
|
Tingkat Ciku 3
|
RM 500,000
|
RM 225
|
2,217 sqft
|
|
|
Tingkat Ciku 3
|
RM 860,000
|
RM 241
|
3,574 sqft
|
|
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Market Snapshot
CommercialRM 740,000
RM 241 psfMedian transaction price
Taman Ciku, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Ciku in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 740K and a median price per square foot (PSF) of RM 241.
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 740K, with most transactions falling within a stable range of RM 590K to RM 860K, and a typical market range of RM 646K to RM 834K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 241, though individual units vary from RM 171 to RM 310 in the core range. The broader market spans RM 140.03 to RM 341.28, indicating diverse property characteristics. A wider spread (IQR: RM 201.25) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.