Sri Nipah

2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM260,000
PSF
RM372
Period
transactions middle 50% (P25–P75)
RM260,000
Level 6
700 sqft · RM372 PSF
RM270,000
Level 2
700 sqft · RM386 PSF
RM280,000
Level 8
700 sqft · RM400 PSF
RM255,000
Level 6
700 sqft · RM364 PSF
RM245,000
Level 6
700 sqft · RM350 PSF
Legend Recent Highest Price Highest PSF

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Sri Nipah, 2, Jalan Nipah, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Sri Nipah in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM260K and a median price per square foot (PSF) of RM372.

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 RM260K, with most transactions falling within a stable range of RM250K to RM270K, and a typical market range of RM253K to RM268K.

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

For price per square foot, the median is RM372, with most transactions between RM358 and RM386. The usual range is RM360.61 to RM382.61, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.00 and an average deviation (MAD) of RM14 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.