TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 243K and a median price per square foot (PSF) of RM 391.
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 243K, with most transactions falling within a stable range of RM 200K to RM 287K, and a typical market range of RM 199K to RM 287K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 391, with core pricing between RM 339 and RM 444. Market pricing typically extends from RM 344.38 to RM 437.63, reflecting moderate variation in unit pricing. With an IQR of RM 93.25 and MAD of RM 53, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.