Seri Nibung in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM421K and a median price per square foot (PSF) of RM615.

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 RM421K, with most transactions falling within a stable range of RM260K to RM633K, and a typical market range of RM397K to RM445K.

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

Price per square foot shows a median of RM615, though individual units vary from RM447 to RM783 in the core range. The broader market spans RM570.06 to RM659.81, indicating diverse property characteristics. A wider spread (IQR: RM89.75) and deviation (MAD: RM168) 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.