Nipah Emas
60, Lebuhraya Nipah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
60, Lebuhraya Nipah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 200,000
|
RM 404
|
495 sqft
|
|
|
|
Level 5
|
RM 190,000
|
RM 384
|
495 sqft
|
|
|
|
Level 7
|
RM 200,000
|
RM 404
|
495 sqft
|
|
|
Level 12
|
RM 300,000
|
RM 429
|
700 sqft
|
|
|
|
Level 18
|
RM 335,000
|
RM 479
|
700 sqft
|
|
|
|
Level 12
|
RM 324,000
|
RM 463
|
700 sqft
|
|
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Market Snapshot
ResidentialRM 250,000
RM 416 psfMedian transaction price
Nipah Emas, 60, Lebuhraya Nipah, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNipah 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 416.
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 190K to RM 312K, and a typical market range of RM 190K to RM 325K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM 416, with most transactions between RM 382 and RM 450. The usual range is RM 368.36 to RM 464.36, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 34, 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.