Area Intelligence

NIPAH EMAS

6 properties
Flat
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Median Price
RM 342,500
PSF: RM 490

Residential Market

Median Price

RM 342,500

IQR: RM 91
MAD: RM 48
RM 490 PSF 10.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

NIPAH EMAS in Timur Laut, Penang recorded 6 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 343K and a median price per square foot (PSF) of RM 490.

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 343K, with most transactions falling within a stable range of RM 321K to RM 360K, and a typical market range of RM 300K to RM 360K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 490, with most transactions between RM 459 and RM 520. The usual range is RM 444.13 to RM 534.88, showing that most units are priced quite close to each other. With an IQR of RM 90.75 and MAD of RM 31, 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

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Transactions

6 properties grouped by size

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