Medan Nipah
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM265,000
|
RM379
|
700 sqft
|
|
|
|
Level 2
|
RM285,000
|
RM407
|
700 sqft
|
|
|
|
Level 2
|
RM320,000
|
RM465
|
689 sqft
|
|
Selling in Medan Nipah? Homes here sold for a median of RM285,000.
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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
ResidentialRM285,000
RM407 psfMedian transaction price
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Nipah in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM285K and a median price per square foot (PSF) of RM407.
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 RM285K, with most transactions falling within a stable range of RM265K to RM308K, and a typical market range of RM266K to RM304K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM407, with most transactions between RM372 and RM443. The usual range is RM380.60 to RM434.10, showing that most units are priced quite close to each other. With an IQR of RM53.50 and MAD of RM36, 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.