NIPAH EMAS in Timur Laut, Penang recorded 0 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 471.
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 330K, with most transactions falling within a stable range of RM 299K to RM 360K, and a typical market range of RM 253K to RM 406K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 471, with most transactions between RM 427 and RM 515. The usual range is RM 421.13 to RM 520.88, showing that most units are priced quite close to each other. With an IQR of RM 99.75 and MAD of RM 44, 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.