TMN CIKU

TMN CIKU in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 510K and a median price per square foot (PSF) of RM 391.

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 510K, with most transactions falling within a stable range of RM 420K to RM 600K, and a typical market range of RM 440K to RM 580K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 391, with most transactions between RM 352 and RM 429. The usual range is RM 280.50 to RM 500.50, showing that most units are priced quite close to each other. With an IQR of RM 220.00 and MAD of RM 39, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.