DESA NIPAH
Residential Market
Median Price
RM 197,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
19 properties
Median Price
RM 205,000
+1.6% CAGR
Median PSF
RM 112.00
Double Storey Terraced
12 properties
Median Price
RM 409,500
+21.2% CAGR
Median PSF
RM 234.00
+27.8% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 475,000
+5.4% CAGR
Median PSF
RM 118.50
-5.3% CAGR
Double Storey Shop
2 properties
Median Price
RM 340,000
-38.1% CAGR
Median PSF
RM 222.00
-50.0% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 19 |
RM 205,000
±15K MAD
|
+1.64% |
RM 112.00
±9 MAD
|
- | |
| Double Storey Terraced | 12 |
RM 409,500
±60K MAD
|
+21.18% |
RM 234.00
±61 MAD
|
+27.75% | |
| Double Storey Semi-D | 2 |
RM 475,000
±25K MAD
|
+5.41% |
RM 118.50
±7 MAD
|
-5.34% | |
| Double Storey Shop | 2 |
RM 340,000
±80K MAD
|
-38.10% |
RM 222.00
±74 MAD
|
-50.00% |
DESA NIPAH in Barat Daya, Penang recorded 2 subsale transactions in 2024, with a median price of RM 198K and a median price per square foot (PSF) of RM 283.
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 198K, with most transactions falling within a stable range of RM 195K to RM 200K, and a typical market range of RM 195K to RM 200K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 283, with most transactions between RM 279 and RM 286. The usual range is RM 274.13 to RM 290.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.75 and an average deviation (MAD) of RM 4 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 200,000
|
RM 286.00
|
700 sqft
|
Mar 2024
|
||
|
RM 195,000
|
RM 279.00
|
700 sqft
|
Jan 2024
|