Penang
Timur Laut
13
TAMAN LIP SIN

TAMAN LIP SIN

Area Intelligence

2022

Median Price

RM 800,000

PSF: RM 537

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Residential PSF Trends

Median Price

RM 807,500

PSF: RM 535

Commercial PSF Trends

Median Price

RM 460,000

RM 708 PSF

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 463K to RM 1.14 million, 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.

The median PSF stands at RM 537, with core pricing between RM 466 and RM 608. Market pricing typically extends from RM 502.88 to RM 571.13, reflecting moderate variation in unit pricing. With an IQR of RM 68.25 and MAD of RM 71, 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

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 800,000

LEBUHRAYA NIPAH

1,399 sqft • RM 572.00 PSF

Sep 2022

RM 1,550,000

LINTANG NIPAH

3,014 sqft • RM 514.00 PSF

Sep 2022

RM 700,000

LENGKOK NIPAH 2

1,302 sqft • RM 537.00 PSF

Jun 2022

RM 815,000

LORONG NIPAH 5

1,399 sqft • RM 582.00 PSF

Jun 2022

RM 460,000

Level G

650 sqft • RM 708.00 PSF

May 2022

RM 1,150,000

MEDAN NIPAH

2,164 sqft • RM 532.00 PSF

Feb 2022

RM 650,000

LORONG NIPAH 1

1,399 sqft • RM 465.00 PSF

Jan 2022

Road	Price	Land PSF	Land	Date	Type
LEBUHRAYA NIPAH	RM 800,000	RM 572.00	1,399 sqft	Sep 2022	Single Storey Terraced
LINTANG NIPAH	RM 1,550,000	RM 514.00	3,014 sqft	Sep 2022	Double Storey Semi-D
LENGKOK NIPAH 2	RM 700,000	RM 537.00	1,302 sqft	Jun 2022	Single Storey Terraced
LORONG NIPAH 5	RM 815,000	RM 582.00	1,399 sqft	Jun 2022	Single Storey Terraced
Level G	RM 460,000	RM 708.00	650 sqft	May 2022	Shop/Retail Lot
MEDAN NIPAH	RM 1,150,000	RM 532.00	2,164 sqft	Feb 2022	Double Storey Semi-D
LORONG NIPAH 1	RM 650,000	RM 465.00	1,399 sqft	Jan 2022	Single Storey Terraced