TAMAN IPING

Area Intelligence
3-Storey Shop
Median Price
RM 612,500
PSF: RM 428

Residential PSF Trends

Median Price

RM 605,000

PSF: RM 426

TAMAN IPING in Barat Daya, Penang recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 613K 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 613K, with most transactions falling within a stable range of RM 589K to RM 637K, and a typical market range of RM 590K to RM 636K.

Within the 3-Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 428, with most transactions between RM 404 and RM 451. 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 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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