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 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 |
| 2024 | |||||
|
Level 9
|
RM 293,000
|
RM 432
|
678 sqft
|
|
Flat |
| 2023 | |||||
|
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 |
| 2022 | |||||
|
Level 4
|
RM 272,000
|
RM 401
|
678 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 442
|
678 sqft
|
|
Flat |
|
Level 9
|
RM 300,000
|
RM 442
|
678 sqft
|
|
Flat |
|
Level 10
|
RM 270,000
|
RM 398
|
678 sqft
|
|
Flat |
|
Level 4
|
RM 280,000
|
RM 413
|
678 sqft
|
|
Flat |
|
Level 8
|
RM 275,000
|
RM 406
|
678 sqft
|
|
Flat |
|
Level 9
|
RM 265,000
|
RM 391
|
678 sqft
|
|
Flat |
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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 15 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 293K and a median price per square foot (PSF) of RM 432.
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 293K, with most transactions falling within a stable range of RM 260K to RM 353K, and a typical market range of RM 269K to RM 317K.
Most transactions involved flats, with moderate diversity in property types available.
The median PSF stands at RM 432, with core pricing between RM 346 and RM 518. Market pricing typically extends from RM 387.20 to RM 476.95, reflecting moderate variation in unit pricing. The spread of RM 89.75 (IQR) and deviation of RM 86 (MAD) suggest moderate price variations reflecting different property features.
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.