Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN CIKU

Area Intelligence

Median Price

RM 420,000

PSF: RM 216

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 420,000

RM 216 PSF

TAMAN CIKU in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2025, priced up to RM 500K, with a median price of RM 420K and a median price per square foot (PSF) of RM 216.

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 420K, with most transactions falling within a stable range of RM 400K to RM 463K, and a typical market range of RM 400K to RM 500K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 216, with most transactions between RM 207 and RM 224. The usual range is RM 114.96 to RM 316.21, showing that most units are priced quite close to each other. With an IQR of RM 201.25 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

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.

Loading map...

TAMAN CIKU, Seberang Perai Tengah, Penang

OSM