Area Intelligence

TMN CIKU

8 properties
Double Storey Shop
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Median Price
RM 615,000
PSF: RM 495

Commercial Market

Median Price

RM 615,000

IQR: RM 220
MAD: RM 131
RM 495 PSF 0.0%

PSF Trends (2021-2025)

TMN CIKU in Seberang Perai Tengah, Penang recorded 8 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 495.

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 474K to RM 756K, and a typical market range of RM 545K to RM 685K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 495, though individual units vary from RM 377 to RM 612 in the core range. The broader market spans RM 384.50 to RM 604.50, indicating diverse property characteristics. The spread of RM 220.00 (IQR) and deviation of RM 118 (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. Moderate price stability provides a balanced market for both buyers and sellers. 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

8 properties grouped by size

1,100 sqft
4 units Double Storey Shop
RM 740,000
JALAN CIKU
1,098 sqft · RM 674.00 PSF
Sep 2024
RM 615,000
JALAN CIKU
1,098 sqft · RM 560.00 PSF
Jan 2024
RM 630,000
JLN CIKU
1,098 sqft · RM 574.00 PSF
Jan 2023
RM 615,000
JALAN CIKU
1,098 sqft · RM 560.00 PSF
Sep 2021
1,150 sqft
1 units Double Storey Shop
RM 400,000
TINGKAT CIKU 3
1,130 sqft · RM 354.00 PSF
Apr 2023
1,200 sqft
1 units Double Storey Shop
RM 420,000
TINGKAT CIKU 3
1,195 sqft · RM 352.00 PSF
Aug 2022
1,400 sqft
1 units Double Storey Shop
RM 600,000
LORONG CIKU 2
1,399 sqft · RM 429.00 PSF
Feb 2022
2,450 sqft
1 units Double Storey Shop
RM 860,000
TINGKAT CIKU 3
2,443 sqft · RM 352.00 PSF
Aug 2024