NIPAH EMAS Property Investment Analysis
NIPAH EMAS in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 312K and a median price per square foot (PSF) of RM 446.
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 312K, with most transactions falling within a stable range of RM 264K to RM 360K, and a typical market range of RM 239K to RM 360K.
Most transactions involved flats, though some variety exists in the market.
The median PSF stands at RM 446, with core pricing between RM 398 and RM 494. Market pricing typically extends from RM 400.63 to RM 491.38, reflecting moderate variation in unit pricing. With an IQR of RM 90.75 and MAD of RM 48, 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.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Flat |
|
RM 300,000
|
RM 429.00
|
700 sqft
|
Nov 2024
|
Low-Cost Flat |
|
RM 200,000
|
RM 404.00
|
495 sqft
|
Jun 2024
|
Low-Cost Flat |
|
RM 190,000
|
RM 384.00
|
495 sqft
|
Jun 2024
|
Low-Cost Flat |
|
RM 200,000
|
RM 404.00
|
495 sqft
|
May 2024
|
Flat |
|
RM 335,000
|
RM 479.00
|
700 sqft
|
Mar 2024
|
Flat |
|
RM 324,000
|
RM 463.00
|
700 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 184,000
|
RM 372.00
|
495 sqft
|
Mar 2023
|
Flat |
|
RM 350,000
|
RM 500.00
|
700 sqft
|
Oct 2022
|
Flat |
|
RM 360,000
|
RM 515.00
|
700 sqft
|
Aug 2022
|
Flat |
|
RM 360,000
|
RM 515.00
|
700 sqft
|
Mar 2022
|