NIPAH EMAS

NIPAH EMAS in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 184K and a median price per square foot (PSF) of RM 372.

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 184K, with most transactions falling within a stable range of RM 154K to RM 215K, and a typical market range of RM 108K to RM 260K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 372, with core pricing between RM 328 and RM 416. Market pricing typically extends from RM 322.13 to RM 421.88, reflecting moderate variation in unit pricing. With an IQR of RM 99.75 and MAD of RM 44, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.