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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 3
|
RM 280,000
|
RM 260
|
1,076 sqft
|
|
Office |
|
Level 2
|
RM 320,000
|
RM 289
|
1,109 sqft
|
|
Office |
| 2024 | |||||
|
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 3 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM 320K and a median price per square foot (PSF) of RM 289.
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 320K, with most transactions falling within a stable range of RM 280K to RM 674K, and a typical market range of RM 296K to RM 344K.
Most transactions involved flats, with moderate diversity in property types available.
Price per square foot shows a median of RM 289, though individual units vary from RM 0 to RM 615 in the core range. The broader market spans RM 243.76 to RM 333.51, indicating diverse property characteristics. A wider spread (IQR: RM 89.75) and deviation (MAD: RM 326) 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.