NIPAH EMAS
Residential Market
Median Price
RM 184,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
6 properties
Median Price
RM 342,000
-5.1% CAGR
Median PSF
RM 489.00
-5.2% CAGR
Low-Cost Flat
4 properties
Median Price
RM 192,000
+8.7% CAGR
Median PSF
RM 388.00
+8.6% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 6 |
RM 342,000
±18K MAD
|
-5.13% |
RM 489.00
±26 MAD
|
-5.18% | |
| Low-Cost Flat | 4 |
RM 192,000
±8K MAD
|
+8.70% |
RM 388.00
±16 MAD
|
+8.60% |
NIPAH EMAS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 184K and a median price per square foot (PSF) of RM 372.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 372, with most transactions between RM 372 and RM 372. The usual range is RM 326.63 to RM 417.38, showing that most units are priced quite close to each other. With an IQR of RM 90.75 and MAD of RM 0, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 184,000
|
RM 372.00
|
495 sqft
|
Mar 2023
|