Penang
Timur Laut
13
TAMAN LIP SIN

TAMAN LIP SIN

Area Intelligence

2021

Median Price

RM 732,500

PSF: RM 524

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Residential PSF Trends

Median Price

RM 732,500

PSF: RM 524

Commercial PSF Trends

Median Price

RM 475,000

RM 731 PSF

TAMAN LIP SIN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 733K and a median price per square foot (PSF) of RM 524.

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 733K, with most transactions falling within a stable range of RM 663K to RM 803K, and a typical market range of RM 675K to RM 790K.

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 524, with most transactions between RM 496 and RM 552. The usual range is RM 489.38 to RM 557.63, 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. 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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