TAMAN IPING

Area Intelligence
2021
Median Price
RM 620,000
PSF: RM 443

Residential PSF Trends

Median Price

RM 620,000

PSF: RM 443

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 11 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 620K, with most transactions falling within a stable range of RM 596K to RM 644K, and a typical market range of RM 597K to RM 643K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 443, with most transactions between RM 420 and RM 467. The usual range is RM 414.83 to RM 471.33, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 24, 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. 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.

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TAMAN IPING, Barat Daya, Penang

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