TAMAN LIP SIN (FLAT)

Area Intelligence
2023
Median Price
RM 312,500
PSF: RM 450

Residential PSF Trends

Median Price

RM 312,500

PSF: RM 450

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 8 subsale transactions in 2023, with a median price of RM 313K and a median price per square foot (PSF) of RM 450.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 313K, with most transactions falling within a stable range of RM 281K to RM 300K, and a typical market range of RM 268K to RM 300K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 450, with most transactions between RM 424 and RM 476. The usual range is RM 403.38 to RM 496.63, showing that most units are priced quite close to each other. With an IQR of RM 93.25 and MAD of RM 26, 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 LIP SIN (FLAT), Timur Laut, Penang

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Transactions

4 transactions found

RM 215,000
Level 4
592 sqft RM 363.00 PSF
RM 255,000
Level 8
671 sqft RM 380.00 PSF
RM 238,000
Level 3
592 sqft RM 402.00 PSF
RM 300,000
Level 2
694 sqft RM 432.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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