TAMAN LIP SIN (FLAT)

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 294K and a median price per square foot (PSF) of RM 429.

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 294K, with most transactions falling within a stable range of RM 251K to RM 338K, and a typical market range of RM 250K to RM 338K.

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

The median PSF stands at RM 429, with core pricing between RM 376 and RM 481. Market pricing typically extends from RM 381.88 to RM 475.13, reflecting moderate variation in unit pricing. With an IQR of RM 93.25 and MAD of RM 53, 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.