Nipah Emas

60, Lebuhraya Nipah, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Market Snapshot

Residential

RM324,000

RM479 psf

Median transaction price

Nipah Emas
© OpenStreetMap · CARTO

Nipah Emas, 60, Lebuhraya Nipah, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Nipah Emas in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM324K and a median price per square foot (PSF) of RM479.

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 RM324K, with most transactions falling within a stable range of RM288K to RM360K, and a typical market range of RM249K to RM399K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM479, with most transactions between RM443 and RM515. The usual range is RM431.00 to RM527.00, showing that most units are priced quite close to each other. With an IQR of RM96.00 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.