SERI NIBUNG

SERI NIBUNG in Timur Laut, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 512K and a median price per square foot (PSF) of RM 743.

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 512K, with most transactions falling within a stable range of RM 310K to RM 717K, and a typical market range of RM 461K to RM 563K.

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

Price per square foot shows a median of RM 743, though individual units vary from RM 520 to RM 966 in the core range. The broader market spans RM 666.88 to RM 819.13, indicating diverse property characteristics. A wider spread (IQR: RM 152.25) and deviation (MAD: RM 223) indicate significant PSF variations, likely due to diverse property types or conditions.

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.