SRI NIPAH
Residential Market
Median Price
RM 280,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Flat
4 properties
Median Price
RM 270,000
+3.9% CAGR
Median PSF
RM 386.00
+4.0% CAGR
Condo/Apartment
1 properties
Median Price
RM 260,000
Median PSF
RM 372.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Flat | 4 |
RM 270,000
±10K MAD
|
+3.92% |
RM 386.00
±14 MAD
|
+3.98% | |
| Condo/Apartment | 1 |
RM 260,000
|
- |
RM 372.00
|
- |
SRI NIPAH in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 400.
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 400, with most transactions between RM 400 and RM 400. The usual range is RM 389.00 to RM 411.00, 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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 280,000
|
RM 400.00
|
700 sqft
|
Nov 2023
|