Area Intelligence

TAMAN LIP SIN

12 properties
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Median Price
RM 780,000
PSF: RM 557

Residential Market

Median Price

RM 780,000

IQR: RM 47
MAD: RM 25
RM 557 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 475,000

IQR: RM 102
MAD: RM 23
RM 731 PSF 7.7%

PSF Trends (2021-2025)

TAMAN LIP SIN in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 780K and a median price per square foot (PSF) of RM 557.

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 780K, with most transactions falling within a stable range of RM 651K to RM 909K, and a typical market range of RM 723K to RM 837K.

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

The median PSF stands at RM 557, with core pricing between RM 465 and RM 649. Market pricing typically extends from RM 522.88 to RM 591.13, reflecting moderate variation in unit pricing. The spread of RM 68.25 (IQR) and deviation of RM 92 (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, Timur Laut, Penang

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Transactions

12 properties grouped by size

1,400 sqft
12 units (showing 6)
RM 780,000
Single Storey Terraced LRG NIPAH 3
1,399 sqft · RM 557.00 PSF
Sep 2024
RM 850,000
Single Storey Terraced JALAN NIPAH
1,399 sqft · RM 607.00 PSF
Jun 2024
RM 818,000
Single Storey Terraced LRG NIPAH 1
1,399 sqft · RM 585.00 PSF
Apr 2024
RM 740,000
Single Storey Terraced LEBUHRAYA NIPAH
1,399 sqft · RM 529.00 PSF
Mar 2024
RM 1,200,000
Double Storey Terraced MEDAN NIPAH
1,399 sqft · RM 858.00 PSF
Mar 2024
RM 780,000
Single Storey Terraced LRG NIPAH 3
1,399 sqft · RM 557.00 PSF
Nov 2023