SERI NIBUNG

Area Intelligence
2022
Median Price
RM 280,000
PSF: RM 413

Residential PSF Trends

Median Price

RM 275,000

PSF: RM 406

Commercial PSF Trends

Median Price

RM 650,000

RM 739 PSF

SERI NIBUNG in Timur Laut, Penang recorded 9 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 413.

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 280K, with most transactions falling within a stable range of RM 265K to RM 506K, and a typical market range of RM 265K to RM 309K.

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

Price per square foot shows a median of RM 413, though individual units vary from RM 233 to RM 593 in the core range. The broader market spans RM 363.38 to RM 462.63, indicating diverse property characteristics. A wider spread (IQR: RM 99.25) and deviation (MAD: RM 180) 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.

Loading map...

SERI NIBUNG, Timur Laut, Penang

OSM

Track location

Transactions

9 transactions grouped by size

600 sqft
Shop/Retail Lot
RM 300,000
Level MZ
614 sqft · RM 489 PSF
700 sqft
Flat
RM 272,000
Level 4
678 sqft · RM 401 PSF
RM 300,000
Level 9
678 sqft · RM 442 PSF
RM 300,000
Level 9
678 sqft · RM 442 PSF
RM 270,000
Level 10
678 sqft · RM 398 PSF
RM 280,000
Level 4
678 sqft · RM 413 PSF
RM 275,000
Level 8
678 sqft · RM 406 PSF
RM 265,000
Level 9
678 sqft · RM 391 PSF
1,000 sqft
Shop/Retail Lot
RM 1,000,000
Level G
1,012 sqft · RM 988 PSF

No Properties For Sale

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

Be the First to List Your Property
List.my Mascot

Unlock Premium Property Insights

Sign up for free to access powerful tools that help you make informed property decisions

100% free • No credit card required • Instant access