Area Intelligence

SERI NIBUNG

16 properties
Favorite WhatsApp
Median Price
RM 300,000
PSF: RM 437

Residential Market

Median Price

RM 277,500

IQR: RM 41
MAD: RM 21
RM 410 PSF 3.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 660,000

IQR: RM 368
MAD: RM 215
RM 763 PSF 7.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

Loading map...

SERI NIBUNG, Timur Laut, Penang

OSM

Filter by type, year, price, and size

Transactions

16 properties grouped by size

600 sqft
1 units Shop/Retail Lot
RM 300,000
614 sqft · RM 489.00 PSF
Oct 2022
700 sqft
11 units (showing 6)
RM 293,000
Flat
678 sqft · RM 432.00 PSF
Mar 2024
RM 260,000
Flat
678 sqft · RM 383.00 PSF
Nov 2023
RM 330,000
Flat
678 sqft · RM 487.00 PSF
Nov 2023
RM 512,000
Office Lot
689 sqft · RM 743.00 PSF
Apr 2023
RM 272,000
Flat
678 sqft · RM 401.00 PSF
Nov 2022
RM 300,000
Flat
678 sqft · RM 442.00 PSF
Aug 2022
1,000 sqft
1 units Shop/Retail Lot
RM 1,000,000
1,012 sqft · RM 988.00 PSF
Oct 2022
1,050 sqft
2 units Office Lot
RM 310,000
1,066 sqft · RM 291.00 PSF
Aug 2024
RM 808,000
1,033 sqft · RM 782.00 PSF
Mar 2023
1,100 sqft
1 units Shop/Retail Lot
RM 1,050,000
1,087 sqft · RM 966.00 PSF
May 2024