Taman Ciku
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Ciku
|
RM 740,000
|
RM 380
|
1,948 sqft
|
|
2-Sty Shop |
|
Jalan Ciku
|
RM 615,000
|
RM 316
|
1,948 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Tingkat Ciku 3
|
RM 400,000
|
RM 205
|
1,948 sqft
|
|
2-Sty Shop |
|
Jalan Ciku
|
RM 630,000
|
RM 323
|
1,948 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Tingkat Ciku 3
|
RM 420,000
|
RM 216
|
1,948 sqft
|
|
2-Sty Shop |
|
Lorong Ciku 2
|
RM 600,000
|
RM 308
|
1,948 sqft
|
|
2-Sty Shop |
| 2021 | |||||
|
Jalan Ciku
|
RM 615,000
|
RM 316
|
1,948 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 615,000
RM 316 psfMedian transaction price
Taman Ciku, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Ciku in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,925 and 1,974 sqft, with a median price of RM 615K and a median price per square foot (PSF) of RM 316.
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 615K, with most transactions falling within a stable range of RM 502K to RM 728K, and a typical market range of RM 521K to RM 709K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 316, with core pricing between RM 258 and RM 373. Market pricing typically extends from RM 215.04 to RM 416.29, reflecting moderate variation in unit pricing. The spread of RM 201.25 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.
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.