TAMAN LIP SIN

Area Intelligence
2022
Median Price
RM 800,000
PSF: RM 537

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 731K to RM 815K, and a typical market range of RM 743K to RM 815K.

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 491 and RM 583. 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 46, 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.

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TAMAN LIP SIN, Timur Laut, Penang

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Transactions

4 transactions grouped by size

1,300 sqft
Single Storey Terraced
RM 700,000
LENGKOK NIPAH 2
1,302 sqft · RM 537 PSF
1,400 sqft
Single Storey Terraced
RM 800,000
LEBUHRAYA NIPAH
1,399 sqft · RM 572 PSF
RM 815,000
LORONG NIPAH 5
1,399 sqft · RM 582 PSF
RM 650,000
LORONG NIPAH 1
1,399 sqft · RM 465 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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