Sri Nipah

2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM250,000
PSF
RM357

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
700 sqft
Flat
RM255,000
Level 6
700 sqft · RM364 PSF
RM245,000
Level 6
700 sqft · RM350 PSF
Legend Recent Highest Price Highest PSF

Selling in Sri Nipah? Homes here sold for a median of RM250,000.

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Sri Nipah, 2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Sri Nipah in Timur Laut, Penang recorded 2 subsale transactions in 2022, with a median price of RM250K and a median price per square foot (PSF) of RM357.

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 RM250K, with most transactions falling within a stable range of RM245K to RM255K, and a typical market range of RM245K to RM255K.

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

For price per square foot, the median is RM357, with most transactions between RM350 and RM364. The usual range is RM346.32 to RM368.32, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.00 and an average deviation (MAD) of RM7 indicate a highly stable PSF trend across properties.

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.