Area Intelligence

SRI NIPAH

5 properties
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Median Price
RM 260,000
PSF: RM 372

Residential Market

Median Price

RM 260,000

IQR: RM 22
MAD: RM 14
RM 372 PSF 3.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SRI NIPAH in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 260K 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. The median price is RM 260K, with most transactions falling within a stable range of RM 250K to RM 270K, and a typical market range of RM 253K to RM 268K.

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 358 and RM 386. The usual range is RM 361.00 to RM 383.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SRI NIPAH, Timur Laut, Penang

OSM

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Transactions

5 properties grouped by size

700 sqft
5 units
RM 260,000
Condo/Apartment
700 sqft · RM 372.00 PSF
Aug 2024
RM 270,000
Flat
700 sqft · RM 386.00 PSF
Mar 2024
RM 280,000
Flat
700 sqft · RM 400.00 PSF
Nov 2023
RM 255,000
Flat
700 sqft · RM 364.00 PSF
Dec 2022
RM 245,000
Flat
700 sqft · RM 350.00 PSF
Nov 2022