SERI NIBUNG in Timur Laut, Penang recorded 0 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 437.
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 300K, with most transactions falling within a stable range of RM 274K to RM 327K, and a typical market range of RM 271K to RM 329K.
Within the 4-Storey Shop category, flats dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 437, with core pricing between RM 389 and RM 485. Market pricing typically extends from RM 387.38 to RM 486.63, reflecting moderate variation in unit pricing. With an IQR of RM 99.25 and MAD of RM 48, 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.
