Area Intelligence

SRI NIPAH

1 properties
Condo/Apartment
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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 1 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, 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.

Within the Condo/Apartment category, flats dominated the market, 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 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 0 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

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Transactions

1 properties grouped by size

700 sqft
1 units Condo/Apartment
RM 260,000
700 sqft · RM 372.00 PSF
Aug 2024