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 1
|
RM 360,000
|
RM 531
|
678 sqft
|
|
Flat |
|
Level 6
|
RM 300,000
|
RM 442
|
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 8
|
RM 330,000
|
RM 487
|
678 sqft
|
|
Flat |
|
Level 1
|
RM 512,000
|
RM 743
|
689 sqft
|
|
Office |
|
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 300,000
RM 442 psfMedian transaction price
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsSeri Nibung in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 305K and a median price per square foot (PSF) of RM 437.
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 305K, with most transactions falling within a stable range of RM 260K to RM 515K, and a typical market range of RM 281K to RM 329K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 437, though individual units vary from RM 244 to RM 630 in the core range. The broader market spans RM 392.17 to RM 481.92, indicating diverse property characteristics. A wider spread (IQR: RM 89.75) and deviation (MAD: RM 193) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.