Lucky Garden (Taman Bahagia)
11, Lebuh Nipah 1, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
11, Lebuh Nipah 1, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 4
|
RM 300,000
|
RM 442
|
679 sqft
|
|
|
|
Level 4
|
RM 340,000
|
RM 501
|
679 sqft
|
|
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Market Snapshot
ResidentialRM 320,000
RM 471 psfMedian transaction price
11, Lebuh Nipah 1, Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsLucky Garden (Taman Bahagia) in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 320K and a median price per square foot (PSF) of RM 471.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 300K to RM 340K.
Most transactions involved flats, with minimal variety in property types.
For price per square foot, the median is RM 471, with most transactions between RM 442 and RM 501. The usual range is RM 438.02 to RM 504.27, showing that most units are priced quite close to each other. With an IQR of RM 66.25 and MAD of RM 29, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.