Area Intelligence

TAMAN LIP SIN (FLAT)

25 properties
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Median Price
RM 310,000
PSF: RM 454

Residential Market

Median Price

RM 310,000

IQR: RM 91
MAD: RM 46
RM 454 PSF 3.0%

PSF Trends (2021-2025)

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 310K 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 310K, with most transactions falling within a stable range of RM 267K to RM 353K, and a typical market range of RM 265K to RM 355K.

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

The median PSF stands at RM 454, with core pricing between RM 397 and RM 511. Market pricing typically extends from RM 408.50 to RM 499.50, reflecting moderate variation in unit pricing. With an IQR of RM 91.00 and MAD of RM 57, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TAMAN LIP SIN (FLAT), Timur Laut, Penang

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Transactions

25 properties grouped by size

650 sqft
5 units Flat
RM 240,000
667 sqft · RM 360.00 PSF
Aug 2024
RM 305,000
671 sqft · RM 455.00 PSF
Aug 2024
RM 278,000
671 sqft · RM 415.00 PSF
Apr 2024
RM 255,000
671 sqft · RM 380.00 PSF
Nov 2023
RM 238,000
667 sqft · RM 357.00 PSF
Nov 2021
700 sqft
20 units (showing 6) Flat
RM 300,000
689 sqft · RM 435.00 PSF
Oct 2024
RM 370,000
702 sqft · RM 527.00 PSF
Sep 2024
RM 240,000
678 sqft · RM 354.00 PSF
Jul 2024
RM 305,000
694 sqft · RM 439.00 PSF
Jul 2024
RM 380,000
702 sqft · RM 541.00 PSF
May 2024
RM 265,000
678 sqft · RM 391.00 PSF
Apr 2024