Taman Lip Sin (Flat)
Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 294,000
RM 428 psfMedian transaction price
Taman Lip Sin, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Lip Sin (Flat) in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 294K and a median price per square foot (PSF) of RM 428.
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 294K, with most transactions falling within a stable range of RM 238K to RM 350K, and a typical market range of RM 251K to RM 337K.
Most transactions involved flats, with minimal variety in property types.
The median PSF stands at RM 428, with core pricing between RM 357 and RM 500. Market pricing typically extends from RM 382.82 to RM 474.07, reflecting moderate variation in unit pricing. The spread of RM 91.25 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.
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.