NIPAH EMAS

NIPAH EMAS in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 515.

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 360K, with most transactions falling within a stable range of RM 330K to RM 391K, and a typical market range of RM 284K to RM 436K.

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

For price per square foot, the median is RM 515, with most transactions between RM 471 and RM 559. The usual range is RM 465.13 to RM 564.88, 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.