Seri Nibung

16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM300,000
PSF
RM489
Price Size
Period
transactions middle 50% (P25–P75)
RM300,000
Level MZ
614 sqft RM489 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM291,500

RM430 psf

Median transaction price

Seri Nibung
© OpenStreetMap · CARTO

16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Seri Nibung in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM300K and a median price per square foot (PSF) of RM489.

This area contains both residential and commercial properties. View 14 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved flats, with moderate diversity in property types available.

For price per square foot, the median is RM489, with most transactions between RM489 and RM489. The usual range is RM444.10 to RM533.85, showing that most units are priced quite close to each other. With an IQR of RM89.75 and MAD of RM0, 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.