Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN CIKU

Area Intelligence

3-Storey Shop

Median Price

RM 1,050,000

PSF: RM 750

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 1,050,000

RM 750 PSF

TAMAN CIKU in Seberang Perai Tengah, Penang recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 750.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 750, with most transactions between RM 750 and RM 750. The usual range is RM 649.38 to RM 850.63, showing that most units are priced quite close to each other. With an IQR of RM 201.25 and MAD of RM 0, 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.

Loading map...

TAMAN CIKU, Seberang Perai Tengah, Penang

OSM