TAMAN LIP SIN (FLAT)

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 300K to RM 326K, and a typical market range of RM 300K to RM 340K.

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 432 and RM 468. 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 18, 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.