Penang
Barat Daya
12
TAMAN IPING

TAMAN IPING

Area Intelligence

2022

Median Price

RM 628,000

PSF: RM 443

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Residential PSF Trends

Median Price

RM 628,000

PSF: RM 443

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 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 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 651K.

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

The median PSF stands at RM 443, with core pricing between RM 396 and RM 490. Market pricing typically extends from RM 414.75 to RM 471.25, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 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.

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TAMAN IPING, Barat Daya, Penang

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