Median Price
RM 740,000
PSF: RM 560

Commercial PSF Trends

Median Price

RM 740,000

RM 560 PSF

TAMAN CIKU in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 740K and a median price per square foot (PSF) of RM 560.

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 640K to RM 840K, 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 560, though individual units vary from RM 427 to RM 693 in the core range. The broader market spans RM 459.38 to RM 660.63, indicating diverse property characteristics. The spread of RM 201.25 (IQR) and deviation of RM 133 (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.

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TAMAN CIKU, Seberang Perai Tengah, Penang

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Transactions

3 transactions found

RM 740,000
JALAN CIKU
1,098 sqft RM 674.00 PSF
RM 860,000
TINGKAT CIKU 3
2,443 sqft RM 352.00 PSF
RM 615,000
JALAN CIKU
1,098 sqft RM 560.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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