Seri Nibung
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 9
|
RM 300,000
|
RM 442
|
678 sqft
|
|
|
|
Level 1
|
RM 360,000
|
RM 531
|
678 sqft
|
|
|
|
Level 6
|
RM 300,000
|
RM 442
|
678 sqft
|
|
|
|
Level 1
|
RM 290,000
|
RM 428
|
678 sqft
|
|
|
|
Level 9
|
RM 293,000
|
RM 432
|
678 sqft
|
|
|
|
Level 8
|
RM 260,000
|
RM 383
|
678 sqft
|
|
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Market Snapshot
ResidentialRM 291,500
RM 430 psfMedian transaction price
16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsSeri Nibung in Timur Laut, Penang recorded 14 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 292K and a median price per square foot (PSF) of RM 430.
This area contains both residential and commercial properties. View 14 residential properties or 8 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 292K, with most transactions falling within a stable range of RM 266K to RM 317K, and a typical market range of RM 268K to RM 315K.
Within the Flat category, flats dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 430, with most transactions between RM 392 and RM 468. The usual range is RM 384.99 to RM 474.74, showing that most units are priced quite close to each other. With an IQR of RM 89.75 and MAD of RM 38, 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.