Taman Lip Sin, Sungai Nibong

Taman Lip Sin is a freehold landed housing estate (with some low-cost flats) that is located in Sungai Nibong, Penang Island. It consists of Halaman Areka, Halaman Kenanga, Halaman Nipah, Halaman Teratai, Ixora Heights, Jubilee Residences, Kota Nibong, Lucky Gardens, Medan Mutiara, Nipah Emas, Palms Pavilion, Pesara Nipah, Prima View, Sri Nibong Complex, Sri Nipah Apartment, Taman Bunga Merah, Taman Jubilee and Taman Sri Bunga.

The built-up available in this housing estate is 1,000 sf to 1,400 sf for houses, 592 sf to 750 sf for flats and 1,000 sf to 1,100 sf for offices. Other neighbouring developments nearby here are Taman Bayan Baru, Taman Gedung Heights, Taman Permai, Taman Sri Nibong, Taman Terubong Indah and Taman Tun Sardon.

Property Type
Landed & Low-Cost Flat
Land Tenure
Freehold
Built-up
1,000 sf - 1,400 sf (House)
592 sf - 750 sf (Flat)
1,000 sf - 1,100 sf (Office)
Market Price
RM760,000 - RM800,000 (House)
RM250,000 - RM350,000 (Flat)
Total Units
-NA-
Completion Date
-NA-
Developer
-NA-
Launch Price
-NA-

The only amenities nearby this landed housing estate (with some low-cost flats) are some schools. Several of the schools here are SMJK Phor Tay and SMK Sungai Nibong.

The current rental yield of Taman Lip Sin is 4.67% for houses and 4.07% for flats. The highest rental yield ever recorded was 4.67% in Q2 2020 (house) and 4.4% in Q4 2022 (flat); while the lowest one was 1.88% in Q1 2019 (house) and 2.31% in Q2 2015 (flat). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size (built-up) combination at Taman Lip Sin for houses is 3-bedroom / 1,400 sf with a median price of RM570 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM760 psf; while the cheapest one is 3-bedroom / 1,400 sf with a median price of RM570 psf.

Flat Layouts

Meanwhile, the most popular layout and size (built-up) combination at taman lip sin for flats is 3-bedroom / 700 sf with a median price of rm470 psf. For price wise, the most expensive one is 3-bedroom / 750 sf with a median price of RM470 psf; while the cheapest one is 2-bedroom / 689 sf with a median price of RM390 psf.

Office Layouts

Meanwhile, the most popular layout and size (built-up) combination at taman lip sin for offices is 1,000 sf with a median rental of rm1.26 psf. For rental wise, the most expensive one is 1,100 sf with a median rental of RM1.44 psf; while the cheapest one is 1,000 sf with a median rental of RM1.26 psf.

Latest Taman Lip Sin sale listings:

DateProperty TypeBuilt-upPrice
YesterdayCondominium990 sfRM359,000
8 May 2024Condominium700 sfRM360,000
3 May 2024Condominium960 sfRM460,000
8 May 2024Low-Cost Flat700 sfRM320,000
8 May 2024Low-Cost Flat700 sfRM330,000
7 May 2024Low-Cost Flat700 sfRM330,000
7 May 2024Low-Cost Flat970 sfRM368,000
7 May 2024Low-Cost Flat750 sfRM420,000
7 May 2024Low-Cost Flat700 sfRM320,000
7 May 2024Low-Cost Flat700 sfRM320,000

Latest Taman Lip Sin rental listings:

DateProperty TypeBuilt-upRental
TodayApartment Room-NA-RM500
9 May 2024Condominium1,000 sfRM1,500
9 May 2024Condominium1,000 sfRM1,500
9 May 2024Low-Cost Flat750 sfRM1,000
7 May 2024Low-Cost Flat700 sfRM1,000
6 May 2024Low-Cost Flat850 sfRM1,150
5 May 2024Low-Cost Flat1,000 sfRM1,200
4 May 2024Low-Cost Flat700 sfRM1,100
4 May 2024Low-Cost Flat700 sfRM1,100
4 May 2024Low-Cost Flat700 sfRM1,100
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