Penang
Timur Laut
13
TAMAN LIP SIN

TAMAN LIP SIN

Area Intelligence

2024

Median Price

RM 780,000

PSF: RM 607

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Residential PSF Trends

Median Price

RM 818,000

PSF: RM 585

Commercial PSF Trends

Median Price

RM 512,500

RM 822 PSF

TAMAN LIP SIN in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 780K and a median price per square foot (PSF) of RM 607.

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 780K, with most transactions falling within a stable range of RM 780K to RM 809K, and a typical market range of RM 780K to RM 837K.

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 607, with most transactions between RM 587 and RM 627. The usual range is RM 572.88 to RM 641.13, showing that most units are priced quite close to each other. With an IQR of RM 68.25 and MAD of RM 20, 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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