PANGSAPURI NIPAH COURT

PANGSAPURI NIPAH COURT in Timur Laut, Penang recorded 6 subsale transactions in 2022, with a median price of RM 281K and a median price per square foot (PSF) of RM 443.

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 RM 281K, with most transactions falling within a stable range of RM 228K to RM 334K, and a typical market range of RM 246K to RM 317K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 443, with core pricing between RM 359 and RM 526. Market pricing typically extends from RM 386.50 to RM 498.50, reflecting moderate variation in unit pricing. The spread of RM 112.00 (IQR) and deviation of RM 84 (MAD) suggest moderate price variations reflecting different property features.

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.