Area Intelligence

NIPAH EMAS

10 properties
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Median Price
RM 312,000
PSF: RM 446

Residential Market

Median Price

RM 312,000

IQR: RM 91
MAD: RM 48
RM 446 PSF 10.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

NIPAH EMAS in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 312K and a median price per square foot (PSF) of RM 446.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 264K to RM 360K, and a typical market range of RM 239K to RM 360K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 446, with core pricing between RM 398 and RM 494. Market pricing typically extends from RM 400.63 to RM 491.38, reflecting moderate variation in unit pricing. With an IQR of RM 90.75 and MAD of RM 48, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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NIPAH EMAS, Timur Laut, Penang

OSM

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Transactions

10 properties grouped by size

500 sqft
4 units Low-Cost Flat
RM 200,000
495 sqft · RM 404.00 PSF
Jun 2024
RM 190,000
495 sqft · RM 384.00 PSF
Jun 2024
RM 200,000
495 sqft · RM 404.00 PSF
May 2024
RM 184,000
495 sqft · RM 372.00 PSF
Mar 2023
700 sqft
6 units Flat
RM 300,000
700 sqft · RM 429.00 PSF
Nov 2024
RM 335,000
700 sqft · RM 479.00 PSF
Mar 2024
RM 324,000
700 sqft · RM 463.00 PSF
Jan 2024
RM 350,000
700 sqft · RM 500.00 PSF
Oct 2022
RM 360,000
700 sqft · RM 515.00 PSF
Aug 2022
RM 360,000
700 sqft · RM 515.00 PSF
Mar 2022