Medan Nipah
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 6
|
RM 315,000
|
RM 450
|
700 sqft
|
|
Flat |
| 2024 | |||||
|
Level 6
|
RM 280,000
|
RM 400
|
700 sqft
|
|
Flat |
| 2023 | |||||
|
Level 2
|
RM 265,000
|
RM 379
|
700 sqft
|
|
Flat |
|
Level 2
|
RM 285,000
|
RM 407
|
700 sqft
|
|
Flat |
|
Level 2
|
RM 320,000
|
RM 465
|
689 sqft
|
|
Flat |
| 2022 | |||||
|
Level 1
|
RM 320,000
|
RM 457
|
700 sqft
|
|
Flat |
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Market Snapshot
ResidentialRM 300,000
RM 429 psfMedian transaction price
13, Medan Nipah, Bayan Lepas, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsMedan Nipah in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 300K and a median price per square foot (PSF) of RM 450.
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 300K, with most transactions falling within a stable range of RM 280K to RM 320K, and a typical market range of RM 281K to RM 319K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 450, with most transactions between RM 422 and RM 479. The usual range is RM 423.48 to RM 476.98, showing that most units are priced quite close to each other. With an IQR of RM 53.50 and MAD of RM 29, 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. 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.