Area Intelligence

TAMAN IPING

2 properties
2023
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Median Price
RM 602,500
PSF: RM 428

Residential Market

Median Price

RM 602,500

IQR: RM 55
MAD: RM 19
RM 428 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 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 8 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, though some variety exists in the market.

For price per square foot, the median is RM 428, with most transactions between RM 426 and RM 429. The usual range is RM 407.00 to RM 448.00, 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 2 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

2 properties grouped by size

1,400 sqft
2 units Single Storey Terraced
RM 605,000
SOLOK BATU MAUNG
1,421 sqft · RM 426.00 PSF
May 2023
RM 600,000
LENGKOK BATU MAUNG
1,399 sqft · RM 429.00 PSF
Jan 2023