Medan Nipah in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM298K and a median price per square foot (PSF) of RM425.

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 RM298K, with most transactions falling within a stable range of RM280K to RM315K, and a typical market range of RM280K to RM315K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM425, with most transactions between RM400 and RM450. The usual range is RM398.46 to RM451.96, showing that most units are priced quite close to each other. With an IQR of RM53.50 and MAD of RM25, the PSF demonstrates reasonable consistency across the market.

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.