Area Intelligence

TAMAN IPING

3 properties
2022
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Median Price
RM 628,000
PSF: RM 443

Residential Market

Median Price

RM 628,000

IQR: RM 55
MAD: RM 19
RM 443 PSF 11.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,350,000

RM 950 PSF

PSF Trends (2021-2025)

TAMAN IPING in Barat Daya, Penang recorded 3 subsale transactions in 2022, with a median price of RM 628K and a median price per square foot (PSF) of RM 443.

This area contains both residential and commercial properties. View 8 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 628K, with most transactions falling within a stable range of RM 620K to RM 758K, and a typical market range of RM 620K to RM 642K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 443, with core pricing between RM 396 and RM 490. Market pricing typically extends from RM 422.50 to RM 463.50, reflecting moderate variation in unit pricing. With an IQR of RM 41.00 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN IPING, Barat Daya, Penang

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Transactions

3 properties found

Single Storey Terraced LINTANG BATU MAUNG
RM 620,000
1,399 sqft Sep 2022
RM 443.00 PSF
Single Storey Terraced LINTANG BATU MAUNG
RM 900,000
2,605 sqft Jul 2022
RM 346.00 PSF
Single Storey Terraced TINGKAT BATU MAUNG
RM 628,000
1,399 sqft Jul 2022
RM 449.00 PSF