TAMAN LIP SIN
Residential Market
Median Price
RM 807,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 460,000
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 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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 460,000
|
RM 708.00
|
650 sqft
|
May 2022
|
LENGKOK NIPAH 2
|
RM 700,000
|
RM 537.00
|
1,302 sqft
|
Jun 2022
|
LEBUHRAYA NIPAH
|
RM 800,000
|
RM 572.00
|
1,399 sqft
|
Sep 2022
|
|
LORONG NIPAH 5
|
RM 815,000
|
RM 582.00
|
1,399 sqft
|
Jun 2022
|
|
LORONG NIPAH 1
|
RM 650,000
|
RM 465.00
|
1,399 sqft
|
Jan 2022
|
MEDAN NIPAH
|
RM 1,150,000
|
RM 532.00
|
2,164 sqft
|
Feb 2022
|
LINTANG NIPAH
|
RM 1,550,000
|
RM 514.00
|
3,014 sqft
|
Sep 2022
|