SERI NIBUNG

Area Intelligence
Median Price
RM 808,000
PSF: RM 782

Residential PSF Trends

Median Price

RM 290,000

PSF: RM 428

Commercial PSF Trends

Median Price

RM 808,000

RM 782 PSF

SERI NIBUNG in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 808K and a median price per square foot (PSF) of RM 782.

This area contains both residential and commercial properties. View 13 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 808K, with most transactions falling within a stable range of RM 485K to RM 1.05 million, and a typical market range of RM 779K to RM 837K.

Most transactions involved flats, with moderate diversity in property types available.

Price per square foot shows a median of RM 782, though individual units vary from RM 469 to RM 1,095 in the core range. The broader market spans RM 732.38 to RM 831.63, indicating diverse property characteristics. A wider spread (IQR: RM 99.25) and deviation (MAD: RM 313) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI NIBUNG, Timur Laut, Penang

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Transactions

5 transactions grouped by size

1,000 sqft
Shop/Retail Lot
RM 1,000,000
Level G
1,012 sqft · RM 988 PSF
1,050 sqft
Office Lot
RM 310,000
Level 3
1,066 sqft · RM 291 PSF
RM 808,000
Level 1
1,033 sqft · RM 782 PSF
1,100 sqft
RM 320,000
Level 2
1,109 sqft · RM 289 PSF
RM 1,050,000
Level 1
1,087 sqft · RM 966 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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