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