Area Intelligence

TAMAN IPING

1 properties
2021
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Median Price
RM 620,000
PSF: RM 443

Residential Market

Median Price

RM 620,000

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 1 subsale transactions in 2021, with a median price of RM 620K 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.

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

For price per square foot, the median is RM 443, with most transactions between RM 443 and RM 443. The usual range is RM 422.50 to RM 463.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 0 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.

Area Location

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TAMAN IPING, Barat Daya, Penang

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Transactions

1 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 620,000
LEBUH BATU MAUNG 3
1,399 sqft · RM 443.00 PSF
Dec 2021