SERI NIBUNG
Residential Market
Median Price
RM 277,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 512,000
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 11 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 413.
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 280K, with most transactions falling within a stable range of RM 260K to RM 348K, and a typical market range of RM 260K to RM 331K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 413, though individual units vary from RM 316 to RM 510 in the core range. The broader market spans RM 336.88 to RM 489.13, indicating diverse property characteristics. The spread of RM 152.25 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
11 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
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
|
Office Lot |
|
RM 512,000
|
RM 743.00
|
689 sqft
|
Apr 2023
|
Flat |
|
RM 272,000
|
RM 401.00
|
678 sqft
|
Nov 2022
|
Flat |
|
RM 300,000
|
RM 442.00
|
678 sqft
|
Aug 2022
|
Flat |
|
RM 300,000
|
RM 442.00
|
678 sqft
|
Jul 2022
|
Flat |
|
RM 270,000
|
RM 398.00
|
678 sqft
|
Jul 2022
|
Flat |
|
RM 280,000
|
RM 413.00
|
678 sqft
|
May 2022
|
Flat |
|
RM 275,000
|
RM 406.00
|
678 sqft
|
May 2022
|
Flat |
|
RM 265,000
|
RM 391.00
|
678 sqft
|
Mar 2022
|