Area Intelligence

TAMAN LIP SIN

7 properties
2024
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Median Price
RM 780,000
PSF: RM 607

Residential Market

Median Price

RM 818,000

IQR: RM 47
MAD: RM 25
RM 585 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 512,500

IQR: RM 102
MAD: RM 23
RM 822 PSF 7.7%

PSF Trends (2021-2025)

TAMAN LIP SIN in Timur Laut, Penang recorded 7 subsale transactions in 2024, with a median price of RM 780K and a median price per square foot (PSF) of RM 607.

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 563K to RM 997K, 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.

Price per square foot shows a median of RM 607, though individual units vary from RM 465 to RM 749 in the core range. The broader market spans RM 572.88 to RM 641.13, indicating diverse property characteristics. The spread of RM 68.25 (IQR) and deviation of RM 142 (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

7 properties grouped by size

600 sqft
1 units Shop/Retail Lot
RM 550,000
603 sqft · RM 912.00 PSF
Feb 2024
650 sqft
1 units Shop/Retail Lot
RM 475,000
650 sqft · RM 731.00 PSF
Mar 2024
1,400 sqft
5 units
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