Seri Nibung

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

Property Transactions

24 subsales grouped by size · Flat →

Median
RM300,000
PSF
RM442
Period
transactions middle 50% (P25–P75)
600 sqft
Shop
RM300,000
Level MZ
614 sqft · RM489 PSF
RM380,000
Level 9
678 sqft · RM560 PSF
RM340,000
Level 8
678 sqft · RM501 PSF
RM300,000
Level 9
678 sqft · RM442 PSF
RM300,000
Level 6
678 sqft · RM442 PSF
RM360,000
Level 1
678 sqft · RM531 PSF
RM290,000
Level 1
678 sqft · RM428 PSF
+11 more
1,000 sqft
Shop
RM1,000,000
Level G
1,012 sqft · RM988 PSF
1,050 sqft
Office
RM310,000
Level 3
1,066 sqft · RM291 PSF
RM808,000
Level 1
1,033 sqft · RM782 PSF
RM280,000
Level 3
1,076 sqft · RM260 PSF
RM320,000
Level 2
1,109 sqft · RM289 PSF
RM1,050,000
Level 1
1,087 sqft · RM966 PSF
Legend Recent Highest Price Highest PSF

Selling in Seri Nibung? Homes here sold for a median of RM300,000.

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Market Snapshot

Residential

RM296,500

RM437 psf

Median transaction price

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

Maps

Seri Nibung in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2026, with a median price of RM300K and a median price per square foot (PSF) of RM442.

Nothing is listed in Seri Nibung right now. Browse properties for sale in 13 and properties for rent in 13 nearby, then use the 24 sales recorded here to judge whether an asking price is fair.

This area contains both residential and commercial properties. View 16 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 RM274K to RM327K, and a typical market range of RM268K to RM333K.

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

The median PSF stands at RM442, with core pricing between RM393 and RM491. Market pricing typically extends from RM388.27 to RM496.52, reflecting moderate variation in unit pricing. With an IQR of RM108.25 and MAD of RM49, 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.