SERI NIBUNG

SERI NIBUNG in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 310K and a median price per square foot (PSF) of RM 432.

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.

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

For price per square foot, the median is RM 432, with most transactions between RM 432 and RM 432. The usual range is RM 382.38 to RM 481.63, showing that most units are priced quite close to each other. With an IQR of RM 99.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.