SERI NIBUNG

SERI NIBUNG in Timur Laut, Penang recorded 10 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 278K and a median price per square foot (PSF) of RM 410.

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 278K, with most transactions falling within a stable range of RM 260K to RM 298K, and a typical market range of RM 260K to RM 328K.

Within the Flat category, flats dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 410, with most transactions between RM 380 and RM 439. The usual range is RM 333.38 to RM 485.63, showing that most units are priced quite close to each other. With an IQR of RM 152.25 and MAD of RM 30, 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.