Penang
Timur Laut
13
SERI NIBUNG

SERI NIBUNG

Area Intelligence

2023

Median Price

RM 808,000

PSF: RM 782

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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 1 subsale transactions in 2023, 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.

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

For price per square foot, the median is RM 782, with most transactions between RM 782 and RM 782. The usual range is RM 732.38 to RM 831.63, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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SERI NIBUNG, Timur Laut, Penang

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