TAMAN LIP SIN (FLAT)

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 9 subsale transactions in 2022, with a median price of RM 315K 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 315K, with most transactions falling within a stable range of RM 265K to RM 365K, and a typical market range of RM 270K to RM 360K.

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

The median PSF stands at RM 454, with core pricing between RM 401 and RM 507. 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 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.