TAMAN LIP SIN in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 460K and a median price per square foot (PSF) of RM 708.
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 460K, with most transactions falling within a stable range of RM 390K to RM 530K, and a typical market range of RM 403K to RM 517K.
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 708, with most transactions between RM 680 and RM 736. The usual range is RM 673.88 to RM 742.13, 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.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
