TAMAN LIP SIN in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 537.
This area contains both residential and commercial properties. View 15 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 730K to RM 870K, and a typical market range of RM 743K to RM 857K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 537, with most transactions between RM 509 and RM 565. The usual range is RM 502.88 to RM 571.13, showing that most units are priced quite close to each other. With an IQR of RM 68.25 and MAD of RM 28, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
