SERI NIBUNG Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 300,000
CAGR
+5.2%
Median PSF
RM 437.00
CAGR
+2.3%
Transactions
16
Period
2022-2024

SERI NIBUNG in Timur Laut, Penang recorded 16 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 10 residential properties or 6 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 271K to RM 329K, and a typical market range of RM 260K to RM 351K.

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 360.88 to RM 513.13, reflecting moderate variation in unit pricing. With an IQR of RM 152.25 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. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

16 found
Office Lot
RM 310,000
PSF: RM 291.00
Area: 1,066 sqft
Date: Aug 2024
Shop Unit/Retail Lot
RM 1,050,000
PSF: RM 966.00
Area: 1,087 sqft
Date: May 2024
Flat
RM 293,000
PSF: RM 432.00
Area: 678 sqft
Date: Mar 2024
Flat
RM 260,000
PSF: RM 383.00
Area: 678 sqft
Date: Nov 2023
Flat
RM 330,000
PSF: RM 487.00
Area: 678 sqft
Date: Nov 2023
Office Lot
RM 512,000
PSF: RM 743.00
Area: 689 sqft
Date: Apr 2023
Office Lot
RM 808,000
PSF: RM 782.00
Area: 1,033 sqft
Date: Mar 2023
Flat
RM 272,000
PSF: RM 401.00
Area: 678 sqft
Date: Nov 2022
Shop Unit/Retail Lot
RM 300,000
PSF: RM 489.00
Area: 614 sqft
Date: Oct 2022
Shop Unit/Retail Lot
RM 1,000,000
PSF: RM 988.00
Area: 1,012 sqft
Date: Oct 2022
Flat
RM 300,000
PSF: RM 442.00
Area: 678 sqft
Date: Aug 2022
Flat
RM 300,000
PSF: RM 442.00
Area: 678 sqft
Date: Jul 2022
Flat
RM 270,000
PSF: RM 398.00
Area: 678 sqft
Date: Jul 2022
Flat
RM 280,000
PSF: RM 413.00
Area: 678 sqft
Date: May 2022
Flat
RM 275,000
PSF: RM 406.00
Area: 678 sqft
Date: May 2022
Flat
RM 265,000
PSF: RM 391.00
Area: 678 sqft
Date: Mar 2022