TAMAN LIP SIN
Residential Market
Median Price
RM 818,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 512,500
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 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.
Filter by type, year, price, and size
Transactions
7 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 550,000
|
RM 912.00
|
603 sqft
|
Feb 2024
|
RM 475,000
|
RM 731.00
|
650 sqft
|
Mar 2024
|
LRG NIPAH 3
|
RM 780,000
|
RM 557.00
|
1,399 sqft
|
Sep 2024
|
Single Storey Terraced |
JALAN NIPAH
|
RM 850,000
|
RM 607.00
|
1,399 sqft
|
Jun 2024
|
Single Storey Terraced |
LRG NIPAH 1
|
RM 818,000
|
RM 585.00
|
1,399 sqft
|
Apr 2024
|
Single Storey Terraced |
LEBUHRAYA NIPAH
|
RM 740,000
|
RM 529.00
|
1,399 sqft
|
Mar 2024
|
Single Storey Terraced |
MEDAN NIPAH
|
RM 1,200,000
|
RM 858.00
|
1,399 sqft
|
Mar 2024
|
Double Storey Terraced |