Penang
Timur Laut
13
TAMAN LIP SIN (FLAT)

TAMAN LIP SIN (FLAT)

Area Intelligence

2021

Median Price

RM 294,000

PSF: RM 429

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Residential PSF Trends

Median Price

RM 294,000

PSF: RM 429

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 238K to RM 350K, 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 357 and RM 500. Market pricing typically extends from RM 381.88 to RM 475.13, reflecting moderate variation in unit pricing. The spread of RM 93.25 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN LIP SIN (FLAT), Timur Laut, Penang

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