Area Intelligence

TAMAN LIP SIN

7 properties
2022
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Median Price
RM 800,000
PSF: RM 537

Residential Market

Median Price

RM 807,500

IQR: RM 47
MAD: RM 25
RM 535 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 460,000

IQR: RM 102
MAD: RM 23
RM 708 PSF 7.7%

PSF Trends (2021-2025)

TAMAN LIP SIN in Timur Laut, Penang recorded 7 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 537.

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 800K, with most transactions falling within a stable range of RM 463K to RM 1.14 million, and a typical market range of RM 743K to RM 857K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 537, with core pricing between RM 466 and RM 608. Market pricing typically extends from RM 502.88 to RM 571.13, reflecting moderate variation in unit pricing. With an IQR of RM 68.25 and MAD of RM 71, 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, Timur Laut, Penang

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Transactions

7 properties found

Single Storey Terraced LEBUHRAYA NIPAH
RM 800,000
1,399 sqft Sep 2022
RM 572.00 PSF
Double Storey Semi-D LINTANG NIPAH
RM 1,550,000
3,014 sqft Sep 2022
RM 514.00 PSF
Single Storey Terraced LENGKOK NIPAH 2
RM 700,000
1,302 sqft Jun 2022
RM 537.00 PSF
Single Storey Terraced LORONG NIPAH 5
RM 815,000
1,399 sqft Jun 2022
RM 582.00 PSF
Shop/Retail Lot
RM 460,000
650 sqft May 2022
RM 708.00 PSF
Double Storey Semi-D MEDAN NIPAH
RM 1,150,000
2,164 sqft Feb 2022
RM 532.00 PSF
Single Storey Terraced LORONG NIPAH 1
RM 650,000
1,399 sqft Jan 2022
RM 465.00 PSF