Seri Nibung
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 9
|
RM 300,000
|
RM 442
|
678 sqft
|
|
Flat |
|
Level 6
|
RM 300,000
|
RM 442
|
678 sqft
|
|
Flat |
|
Level 1
|
RM 360,000
|
RM 531
|
678 sqft
|
|
Flat |
|
Level 1
|
RM 290,000
|
RM 428
|
678 sqft
|
|
Flat |
|
Level 9
|
RM 293,000
|
RM 432
|
678 sqft
|
|
Flat |
|
Level 8
|
RM 260,000
|
RM 383
|
678 sqft
|
|
Flat |
|
Level 3
|
RM 310,000
|
RM 291
|
1,066 sqft
|
|
|
|
Level 1
|
RM 808,000
|
RM 782
|
1,033 sqft
|
|
|
Level 3
|
RM 280,000
|
RM 260
|
1,076 sqft
|
|
Office |
|
Level 2
|
RM 320,000
|
RM 289
|
1,109 sqft
|
|
Office |
|
Level 1
|
RM 1,050,000
|
RM 966
|
1,087 sqft
|
|
Shop |
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Market Snapshot
ResidentialRM 291,500
RM 430 psfMedian transaction price
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsSeri Nibung in Timur Laut, Penang recorded 22 subsale transactions between 2021 and 2026, with a median price of RM 300K and a median price per square foot (PSF) of RM 442.
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 RM 300K, with most transactions falling within a stable range of RM 278K to RM 323K, and a typical market range of RM 276K to RM 324K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 442, with core pricing between RM 394 and RM 490. Market pricing typically extends from RM 397.13 to RM 486.88, reflecting moderate variation in unit pricing. With an IQR of RM 89.75 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.