SRI NIPAH

SRI NIPAH in Timur Laut, Penang recorded 4 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 263K and a median price per square foot (PSF) of RM 375.

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 263K, with most transactions falling within a stable range of RM 249K to RM 276K, and a typical market range of RM 255K to RM 270K.

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

For price per square foot, the median is RM 375, with most transactions between RM 356 and RM 394. The usual range is RM 364.00 to RM 386.00, 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 19 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.