TAMAN CIKU

Area Intelligence
Double Storey Shop
Median Price
RM 615,000
PSF: RM 429

Commercial PSF Trends

Median Price

RM 615,000

RM 429 PSF

TAMAN CIKU in Seberang Perai Tengah, Penang recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 615K and a median price per square foot (PSF) of RM 429.

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 477K to RM 753K, and a typical market range of RM 521K to RM 709K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 429, though individual units vary from RM 316 to RM 542 in the core range. The broader market spans RM 328.38 to RM 529.63, indicating diverse property characteristics. A wider spread (IQR: RM 201.25) and deviation (MAD: RM 113) 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.

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TAMAN CIKU, Seberang Perai Tengah, Penang

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Transactions

9 transactions grouped by size

1,100 sqft
Double Storey Shop
RM 740,000
JALAN CIKU
1,098 sqft · RM 674 PSF
RM 615,000
JALAN CIKU
1,098 sqft · RM 560 PSF
RM 630,000
JALAN CIKU
1,098 sqft · RM 574 PSF
RM 615,000
JALAN CIKU
1,098 sqft · RM 560 PSF
1,150 sqft
Double Storey Shop
RM 400,000
TINGKAT CIKU 3
1,130 sqft · RM 354 PSF
1,200 sqft
Double Storey Shop
RM 500,000
TINGKAT CIKU 3
1,206 sqft · RM 415 PSF
RM 420,000
TINGKAT CIKU 3
1,195 sqft · RM 352 PSF
1,400 sqft
Double Storey Shop
RM 600,000
LORONG CIKU 2
1,399 sqft · RM 429 PSF
2,450 sqft
Double Storey Shop
RM 860,000
TINGKAT CIKU 3
2,443 sqft · RM 352 PSF

No Properties For Sale

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

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