Area Intelligence

TAMAN LIP SIN (FLAT)

15 properties
2024
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Median Price
RM 243,000
PSF: RM 391

Residential Market

Median Price

RM 243,000

IQR: RM 91
MAD: RM 46
RM 391 PSF 3.0%

PSF Trends (2021-2025)

TAMAN LIP SIN (FLAT) in Timur Laut, Penang recorded 15 subsale transactions in 2024, with a median price of RM 243K and a median price per square foot (PSF) of RM 391.

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 243K, with most transactions falling within a stable range of RM 213K to RM 293K, and a typical market range of RM 213K to RM 288K.

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

The median PSF stands at RM 391, with core pricing between RM 333 and RM 449. Market pricing typically extends from RM 345.50 to RM 436.50, reflecting moderate variation in unit pricing. With an IQR of RM 91.00 and MAD of RM 58, 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.

Area Location

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TAMAN LIP SIN (FLAT), Timur Laut, Penang

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Transactions

15 properties grouped by size

600 sqft
5 units Flat
RM 243,000
592 sqft · RM 410.00 PSF
Oct 2024
RM 240,000
624 sqft · RM 384.00 PSF
Oct 2024
RM 213,000
592 sqft · RM 360.00 PSF
Aug 2024
RM 224,000
592 sqft · RM 378.00 PSF
May 2024
RM 217,000
592 sqft · RM 367.00 PSF
Mar 2024
650 sqft
3 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
700 sqft
7 units 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
RM 238,000
689 sqft · RM 345.00 PSF
Feb 2024