Penang
Timur Laut
13
TAMAN LIP SIN

TAMAN LIP SIN

Area Intelligence

2024

Median Price

RM 512,500

PSF: RM 822

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Residential PSF Trends

Median Price

RM 780,000

PSF: RM 557

Commercial PSF Trends

Median Price

RM 512,500

RM 822 PSF

TAMAN LIP SIN in Timur Laut, Penang recorded 2 subsale transactions in 2024, with a median price of RM 513K and a median price per square foot (PSF) of RM 822.

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 513K, with most transactions falling within a stable range of RM 475K to RM 550K, and a typical market range of RM 475K to RM 550K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 822, with core pricing between RM 731 and RM 912. Market pricing typically extends from RM 787.38 to RM 855.63, reflecting moderate variation in unit pricing. With an IQR of RM 68.25 and MAD of RM 91, 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.

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TAMAN LIP SIN, Timur Laut, Penang

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