Seri Nibung in Timur Laut, Penang recorded 5 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM320K and a median price per square foot (PSF) of RM291.

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 RM320K, with most transactions falling within a stable range of RM280K to RM519K, and a typical market range of RM296K to RM344K.

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

Price per square foot shows a median of RM291, though individual units vary from RM54 to RM528 in the core range. The broader market spans RM246.04 to RM335.79, indicating diverse property characteristics. A wider spread (IQR: RM89.75) and deviation (MAD: RM237) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.