Seri Nibung

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

Property Transactions

15 subsales found

Median
RM293,000
PSF
RM432
Price Size
Period
transactions middle 50% (P25–P75)
RM300,000
Level 9
678 sqft RM442 PSF
RM360,000
Level 1
678 sqft RM531 PSF
RM300,000
Level 6
678 sqft RM442 PSF
RM290,000
Level 1
678 sqft RM428 PSF
RM293,000
Level 9
678 sqft RM432 PSF
RM260,000
Level 8
678 sqft RM383 PSF
RM330,000
Level 8
678 sqft RM487 PSF
RM512,000
Level 1
689 sqft RM743 PSF
RM272,000
Level 4
678 sqft RM401 PSF
RM300,000
Level 9
678 sqft RM442 PSF
RM300,000
Level 9
678 sqft RM442 PSF
RM270,000
Level 10
678 sqft RM398 PSF
RM280,000
Level 4
678 sqft RM413 PSF
RM275,000
Level 8
678 sqft RM406 PSF
RM265,000
Level 9
678 sqft RM391 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 15 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM293K and a median price per square foot (PSF) of RM432.

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. The median price is RM293K, with most transactions falling within a stable range of RM260K to RM353K, and a typical market range of RM269K to RM317K.

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

The median PSF stands at RM432, with core pricing between RM346 and RM518. Market pricing typically extends from RM387.20 to RM476.95, reflecting moderate variation in unit pricing. The spread of RM89.75 (IQR) and deviation of RM86 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.