TAMAN LIP SIN
Residential Market
Median Price
RM 732,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 475,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
12 properties
Median Price
RM 765,000
+2.9% CAGR
Median PSF
RM 555.75
+2.9% CAGR
Shop/Retail Lot
3 properties
Median Price
RM 486,250
+5.6% CAGR
Median PSF
RM 764.75
+7.7% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 1,350,000
Median PSF
RM 523.00
Double Storey Terraced
1 properties
Median Price
RM 1,200,000
Median PSF
RM 858.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 12 |
RM 765,000
±24K MAD
|
+2.94% |
RM 555.75
±8 MAD
|
+2.94% | |
Shop/Retail Lot | 3 |
RM 486,250
±26K MAD
|
+5.55% |
RM 764.75
±57 MAD
|
+7.72% | |
Double Storey Semi-D | 2 |
RM 1,350,000
|
- |
RM 523.00
|
- | |
Double Storey Terraced | 1 |
RM 1,200,000
|
- |
RM 858.00
|
- |
TAMAN LIP SIN in Timur Laut, Penang recorded 2 subsale transactions in 2021, with a median price of RM 733K and a median price per square foot (PSF) of RM 524.
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 733K, with most transactions falling within a stable range of RM 710K to RM 755K, and a typical market range of RM 710K to RM 755K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 524, with most transactions between RM 507 and RM 540. The usual range is RM 489.38 to RM 557.63, showing that most units are priced quite close to each other. With an IQR of RM 68.25 and MAD of RM 17, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LRG NIPAH 2
|
RM 755,000
|
RM 540.00
|
1,399 sqft
|
Dec 2021
|
|
LEBUHRAYA NIPAH
|
RM 710,000
|
RM 507.00
|
1,399 sqft
|
Nov 2021
|