Sri Nipah
2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 6
|
RM 260,000
|
RM 372
|
700 sqft
|
|
Condo |
|
Level 2
|
RM 270,000
|
RM 386
|
700 sqft
|
|
Flat |
| 2023 | |||||
|
Level 8
|
RM 280,000
|
RM 400
|
700 sqft
|
|
Flat |
| 2022 | |||||
|
Level 6
|
RM 255,000
|
RM 364
|
700 sqft
|
|
Flat |
|
Level 6
|
RM 245,000
|
RM 350
|
700 sqft
|
|
Flat |
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Sri Nipah, 2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSri Nipah in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, 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 360.61 to RM 382.61, 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.