TAMAN LIP SIN

Area Intelligence
2024
Median Price
RM 780,000
PSF: RM 607

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 685K to RM 740K, and a typical market range of RM 723K to RM 740K.

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

Price per square foot shows a median of RM 607, though individual units vary from RM 416 to RM 799 in the core range. The broader market spans RM 572.88 to RM 641.13, indicating diverse property characteristics. A wider spread (IQR: RM 68.25) and deviation (MAD: RM 192) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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Transactions

2 transactions grouped by size

600 sqft
Shop/Retail Lot
RM 550,000
Level G
603 sqft · RM 912 PSF
1,400 sqft
Single Storey Terraced
RM 740,000
LEBUHRAYA NIPAH
1,399 sqft · RM 529 PSF

No Properties For Sale

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

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