Nipah Emas in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM360K and a median price per square foot (PSF) of RM515.

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 RM360K, with most transactions falling within a stable range of RM355K to RM360K, and a typical market range of RM350K to RM360K.

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

For price per square foot, the median is RM515, with most transactions between RM508 and RM521. The usual range is RM466.54 to RM562.54, showing that most units are priced quite close to each other. With an IQR of RM96.00 and MAD of RM7, 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.