Seri Nibung

16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

14 subsales grouped by size

Median
RM291,500
PSF
RM430
Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM300,000
Level 9
678 sqft · RM442 PSF
RM360,000
Level 1
678 sqft · RM531 PSF
RM300,000
Level 6
678 sqft · RM442 PSF
RM290,000
Level 1
678 sqft · RM428 PSF
RM293,000
Level 9
678 sqft · RM432 PSF
RM260,000
Level 8
678 sqft · RM383 PSF
+8 more
Legend Recent Highest Price Highest PSF

Posts about Seri Nibung

What’s happening in Seri Nibung?

No posts about Seri Nibung yet. Be the first to share what’s happening here.

Market Snapshot

Residential

RM291,500

RM430 psf

Median transaction price

Seri Nibung
© OpenStreetMap · CARTO

16-18, Jalan Tun Dr Awang, Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Seri Nibung in Timur Laut, Penang recorded 14 Flat properties subsale transactions between 2021 and 2026, with a median price of RM292K and a median price per square foot (PSF) of RM430.

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 RM292K, with most transactions falling within a stable range of RM266K to RM317K, and a typical market range of RM268K to RM315K.

Within the Flat category, flats dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM430, with most transactions between RM392 and RM468. The usual range is RM384.99 to RM474.74, showing that most units are priced quite close to each other. With an IQR of RM89.75 and MAD of RM38, 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.