NIPAH EMAS

NIPAH EMAS in Timur Laut, Penang recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 195K and a median price per square foot (PSF) of RM 394.

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 195K, with most transactions falling within a stable range of RM 188K to RM 200K, and a typical market range of RM 184K to RM 200K.

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

For price per square foot, the median is RM 394, with most transactions between RM 380 and RM 408. The usual range is RM 348.63 to RM 439.38, showing that most units are priced quite close to each other. With an IQR of RM 90.75 and MAD of RM 14, 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.