NIPAH EMAS

NIPAH EMAS in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 417.

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 250K, with most transactions falling within a stable range of RM 300K to RM 265K, and a typical market range of RM 300K to RM 326K.

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

For price per square foot, the median is RM 417, with most transactions between RM 396 and RM 437. The usual range is RM 366.63 to RM 466.38, showing that most units are priced quite close to each other. With an IQR of RM 99.75 and MAD of RM 21, 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.