TAMAN LIP SIN (FLAT)

Area Intelligence
2022
Median Price
RM 315,000
PSF: RM 454

Residential PSF Trends

Median Price

RM 315,000

PSF: RM 454

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 9 subsale transactions in 2022, with a median price of RM 315K and a median price per square foot (PSF) of RM 454.

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 315K, with most transactions falling within a stable range of RM 284K to RM 285K, and a typical market range of RM 271K to RM 285K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 454, with most transactions between RM 425 and RM 483. The usual range is RM 407.38 to RM 500.63, showing that most units are priced quite close to each other. With an IQR of RM 93.25 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.

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TAMAN LIP SIN (FLAT), Timur Laut, Penang

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Transactions

3 transactions found

RM 208,000
Level 5
592 sqft RM 351.00 PSF
RM 245,000
Level 1
592 sqft RM 414.00 PSF
RM 285,000
Level 2
694 sqft RM 411.00 PSF

No Properties For Sale

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

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