Area Intelligence

TMN CIKU

3 properties
2024
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Median Price
RM 740,000
PSF: RM 560

Commercial Market

Median Price

RM 740,000

IQR: RM 220
MAD: RM 131
RM 560 PSF 0.0%

PSF Trends (2021-2025)

TMN 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 670K to RM 810K.

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

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 450.00 to RM 670.00, indicating diverse property characteristics. The spread of RM 220.00 (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. 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.

Area Location

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TMN CIKU, Seberang Perai Tengah, Penang

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Transactions

3 properties found

Double Storey Shop JALAN CIKU
RM 740,000
1,098 sqft Sep 2024
RM 674.00 PSF
Double Storey Shop TINGKAT CIKU 3
RM 860,000
2,443 sqft Aug 2024
RM 352.00 PSF
Double Storey Shop JALAN CIKU
RM 615,000
1,098 sqft Jan 2024
RM 560.00 PSF