Area Intelligence

SERI NIBUNG

16 properties
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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

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SERI NIBUNG, Timur Laut, Penang

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Transactions

16 properties found

Office Lot
RM 310,000
1,066 sqft Aug 2024
RM 291.00 PSF
Shop/Retail Lot
RM 1,050,000
1,087 sqft May 2024
RM 966.00 PSF
Flat
RM 293,000
678 sqft Mar 2024
RM 432.00 PSF
Flat
RM 260,000
678 sqft Nov 2023
RM 383.00 PSF
Flat
RM 330,000
678 sqft Nov 2023
RM 487.00 PSF
Office Lot
RM 512,000
689 sqft Apr 2023
RM 743.00 PSF
Office Lot
RM 808,000
1,033 sqft Mar 2023
RM 782.00 PSF
Flat
RM 272,000
678 sqft Nov 2022
RM 401.00 PSF
Shop/Retail Lot
RM 300,000
614 sqft Oct 2022
RM 489.00 PSF
Shop/Retail Lot
RM 1,000,000
1,012 sqft Oct 2022
RM 988.00 PSF
Flat
RM 300,000
678 sqft Aug 2022
RM 442.00 PSF
Flat
RM 300,000
678 sqft Jul 2022
RM 442.00 PSF
Flat
RM 270,000
678 sqft Jul 2022
RM 398.00 PSF
Flat
RM 280,000
678 sqft May 2022
RM 413.00 PSF
Flat
RM 275,000
678 sqft May 2022
RM 406.00 PSF
Flat
RM 265,000
678 sqft Mar 2022
RM 391.00 PSF