SERI NIBUNG
Residential Market
Median Price
RM 277,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 660,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
10 properties
Median Price
RM 293,000
+3.2% CAGR
Median PSF
RM 432.00
+3.2% CAGR
Office Lot
3 properties
Median Price
RM 485,000
-53.0% CAGR
Median PSF
RM 526.75
-61.8% CAGR
Shop/Retail Lot
3 properties
Median Price
RM 850,000
+27.1% CAGR
Median PSF
RM 852.25
+14.4% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Flat | 10 |
RM 293,000
±2K MAD
|
+3.22% |
RM 432.00
±3 MAD
|
+3.15% | |
Office Lot | 3 |
RM 485,000
±175K MAD
|
-53.03% |
RM 526.75
±236 MAD
|
-61.84% | |
Shop/Retail Lot | 3 |
RM 850,000
±200K MAD
|
+27.10% |
RM 852.25
±114 MAD
|
+14.37% |
SERI NIBUNG in Timur Laut, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 437.
This area contains both residential and commercial properties. View 10 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 271K to RM 329K, and a typical market range of RM 260K to RM 351K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 437, with core pricing between RM 389 and RM 485. Market pricing typically extends from RM 360.88 to RM 513.13, reflecting moderate variation in unit pricing. With an IQR of RM 152.25 and MAD of RM 48, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
16 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 300,000
|
RM 489.00
|
614 sqft
|
Oct 2022
|
RM 293,000
|
RM 432.00
|
678 sqft
|
Mar 2024
|
Flat | |
RM 260,000
|
RM 383.00
|
678 sqft
|
Nov 2023
|
Flat | |
RM 330,000
|
RM 487.00
|
678 sqft
|
Nov 2023
|
Flat | |
RM 512,000
|
RM 743.00
|
689 sqft
|
Apr 2023
|
Office Lot | |
RM 272,000
|
RM 401.00
|
678 sqft
|
Nov 2022
|
Flat | |
RM 300,000
|
RM 442.00
|
678 sqft
|
Aug 2022
|
Flat |
RM 1,000,000
|
RM 988.00
|
1,012 sqft
|
Oct 2022
|
RM 310,000
|
RM 291.00
|
1,066 sqft
|
Aug 2024
|
||
RM 808,000
|
RM 782.00
|
1,033 sqft
|
Mar 2023
|
RM 1,050,000
|
RM 966.00
|
1,087 sqft
|
May 2024
|