Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN CIKU

Area Intelligence

Median Price

RM 955,000

PSF: RM 268

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Commercial PSF Trends

Median Price

RM 955,000

RM 268 PSF

TAMAN CIKU in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, priced between RM 750K and RM 2.00 million, with a median price of RM 955K and a median price per square foot (PSF) of RM 268.

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 955K, with most transactions falling within a stable range of RM 860K to RM 1.05 million, and a typical market range of RM 861K to RM 1.05 million.

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

The median PSF stands at RM 268, with core pricing between RM 241 and RM 296. Market pricing typically extends from RM 167.51 to RM 368.76, reflecting moderate variation in unit pricing. With an IQR of RM 201.25 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CIKU, Seberang Perai Tengah, Penang

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