SERI NIBUNG

Area Intelligence
Median Price
RM 300,000
PSF: RM 437

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 428

Commercial PSF Trends

Median Price

RM 512,000

RM 743 PSF

SERI NIBUNG in Timur Laut, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 437.

This area contains both residential and commercial properties. View 13 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 274K to RM 327K, and a typical market range of RM 271K to RM 329K.

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

The median PSF stands at RM 437, with core pricing between RM 389 and RM 485. Market pricing typically extends from RM 387.38 to RM 486.63, reflecting moderate variation in unit pricing. With an IQR of RM 99.25 and MAD of RM 48, 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. Moderate transaction volume may require patience when buying or selling.

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SERI NIBUNG, Timur Laut, Penang

OSM

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Transactions

20 transactions grouped by size

600 sqft
Shop/Retail Lot
RM 300,000
Level MZ
614 sqft · RM 489 PSF
700 sqft
RM 300,000
Level 6
678 sqft · RM 442 PSF
RM 360,000
Level 1
678 sqft · RM 531 PSF
RM 290,000
Level 1
678 sqft · RM 428 PSF
RM 293,000
Level 9
678 sqft · RM 432 PSF
RM 260,000
Level 8
678 sqft · RM 383 PSF
RM 330,000
Level 8
678 sqft · RM 487 PSF
1,000 sqft
Shop/Retail Lot
RM 1,000,000
Level G
1,012 sqft · RM 988 PSF
1,050 sqft
Office Lot
RM 310,000
Level 3
1,066 sqft · RM 291 PSF
RM 808,000
Level 1
1,033 sqft · RM 782 PSF
1,100 sqft
RM 320,000
Level 2
1,109 sqft · RM 289 PSF
RM 1,050,000
Level 1
1,087 sqft · RM 966 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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