Area Intelligence

TAMAN LIP SIN

18 properties
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Median Price
RM 780,000
PSF: RM 557

Residential Market

Median Price

RM 780,000

IQR: RM 47
MAD: RM 25
RM 557 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 475,000

IQR: RM 102
MAD: RM 23
RM 731 PSF 7.7%

PSF Trends (2021-2025)

TAMAN LIP SIN in Timur Laut, Penang recorded 18 subsale transactions between 2021 and 2025, with a median price of RM 780K and a median price per square foot (PSF) of RM 557.

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 780K, with most transactions falling within a stable range of RM 710K to RM 850K, and a typical market range of RM 723K to RM 837K.

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 557, with most transactions between RM 529 and RM 585. The usual range is RM 522.88 to RM 591.13, 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.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN LIP SIN, Timur Laut, Penang

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Transactions

18 properties grouped by size

600 sqft
1 units Shop/Retail Lot
RM 550,000
603 sqft · RM 912.00 PSF
Feb 2024
650 sqft
2 units Shop/Retail Lot
RM 475,000
650 sqft · RM 731.00 PSF
Mar 2024
RM 460,000
650 sqft · RM 708.00 PSF
May 2022
1,300 sqft
1 units Single Storey Terraced
RM 700,000
LENGKOK NIPAH 2
1,302 sqft · RM 537.00 PSF
Jun 2022
1,400 sqft
12 units (showing 6)
RM 780,000
Single Storey Terraced LRG NIPAH 3
1,399 sqft · RM 557.00 PSF
Sep 2024
RM 850,000
Single Storey Terraced JALAN NIPAH
1,399 sqft · RM 607.00 PSF
Jun 2024
RM 818,000
Single Storey Terraced LRG NIPAH 1
1,399 sqft · RM 585.00 PSF
Apr 2024
RM 740,000
Single Storey Terraced LEBUHRAYA NIPAH
1,399 sqft · RM 529.00 PSF
Mar 2024
RM 1,200,000
Double Storey Terraced MEDAN NIPAH
1,399 sqft · RM 858.00 PSF
Mar 2024
RM 780,000
Single Storey Terraced LRG NIPAH 3
1,399 sqft · RM 557.00 PSF
Nov 2023
2,150 sqft
1 units Double Storey Semi-D
RM 1,150,000
MEDAN NIPAH
2,164 sqft · RM 532.00 PSF
Feb 2022
3,000 sqft
1 units Double Storey Semi-D
RM 1,550,000
LINTANG NIPAH
3,014 sqft · RM 514.00 PSF
Sep 2022