Area Intelligence

TAMAN LIP SIN (FLAT)

2 properties
2021
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Median Price
RM 294,000
PSF: RM 429

Residential Market

Median Price

RM 294,000

IQR: RM 91
MAD: RM 46
RM 429 PSF 3.0%

PSF Trends (2021-2025)

TAMAN 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 429.

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 249K to RM 339K.

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

The median PSF stands at RM 429, with core pricing between RM 357 and RM 500. Market pricing typically extends from RM 383.00 to RM 474.00, reflecting moderate variation in unit pricing. The spread of RM 91.00 (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.

Area Location

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TAMAN LIP SIN (FLAT), Timur Laut, Penang

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Transactions

2 properties grouped by size

650 sqft
1 units Flat
RM 238,000
667 sqft · RM 357.00 PSF
Nov 2021
700 sqft
1 units Flat
RM 350,000
700 sqft · RM 500.00 PSF
Dec 2021