Penang
Barat Daya
12
TAMAN IPING

TAMAN IPING

Area Intelligence

2023

Median Price

RM 602,500

PSF: RM 428

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Residential PSF Trends

Median Price

RM 602,500

PSF: RM 428

TAMAN IPING in Barat Daya, Penang recorded 2 subsale transactions in 2023, with a median price of RM 603K and a median price per square foot (PSF) of RM 428.

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 603K, with most transactions falling within a stable range of RM 600K to RM 605K, and a typical market range of RM 600K to RM 605K.

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

For price per square foot, the median is RM 428, with most transactions between RM 426 and RM 429. The usual range is RM 399.25 to RM 455.75, showing that most units are priced quite close to each other. With an IQR of RM 56.50 and MAD of RM 2, 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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