NIPAH EMAS in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, 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 306K to RM 353K, and a typical market range of RM 300K to RM 380K.
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 438 and RM 504. 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 33, 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.