Area Intelligence

TAMAN LIP SIN

2 properties
2021
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Median Price
RM 732,500
PSF: RM 524

Residential Market

Median Price

RM 732,500

IQR: RM 47
MAD: RM 25
RM 524 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 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.

Area Location

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TAMAN LIP SIN, Timur Laut, Penang

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Transactions

2 properties grouped by size

1,400 sqft
2 units Single Storey Terraced
RM 755,000
LRG NIPAH 2
1,399 sqft · RM 540.00 PSF
Dec 2021
RM 710,000
LEBUHRAYA NIPAH
1,399 sqft · RM 507.00 PSF
Nov 2021