Medan Nipah
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Selling in Medan Nipah? Homes here sold for a median of RM320,000.
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Medan Nipah
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM320,000
RM457 psfMedian transaction price
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Nipah in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM320K and a median price per square foot (PSF) of RM457.
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, with minimal variety in property types.
For price per square foot, the median is RM457, with most transactions between RM457 and RM457. The usual range is RM430.62 to RM484.12, showing that most units are priced quite close to each other. With an IQR of RM53.50 and MAD of RM0, 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.