SRI NIPAH Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 260,000
CAGR
+3.0%
Median PSF
RM 372.00
CAGR
+3.0%
Transactions
5
Period
2022-2024

SRI NIPAH in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 260K 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 260K, with most transactions falling within a stable range of RM 250K to RM 270K, and a typical market range of RM 253K to RM 268K.

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

For price per square foot, the median is RM 372, with most transactions between RM 358 and RM 386. The usual range is RM 361.00 to RM 383.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

5 found
Condominium/Apartment
RM 260,000
PSF: RM 372.00
Area: 700 sqft
Date: Aug 2024
Flat
RM 270,000
PSF: RM 386.00
Area: 700 sqft
Date: Mar 2024
Flat
RM 280,000
PSF: RM 400.00
Area: 700 sqft
Date: Nov 2023
Flat
RM 255,000
PSF: RM 364.00
Area: 700 sqft
Date: Dec 2022
Flat
RM 245,000
PSF: RM 350.00
Area: 700 sqft
Date: Nov 2022