Seri Nibung

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

Property Transactions

6 subsales grouped by size

Median
RM300,000
PSF
RM435
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
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
1,100 sqft
Office
RM280,000
Level 3
1,076 sqft · RM260 PSF
RM320,000
Level 2
1,109 sqft · RM289 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM300,000

RM442 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 6 subsale transactions in 2025, with a median price of RM300K and a median price per square foot (PSF) of RM435.

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 RM300K, with most transactions falling within a stable range of RM280K to RM326K, and a typical market range of RM280K to RM324K.

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

Price per square foot shows a median of RM435, though individual units vary from RM340 to RM529 in the core range. The broader market spans RM389.95 to RM479.70, indicating diverse property characteristics. The spread of RM89.75 (IQR) and deviation of RM94 (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.