Taman Lip Sin, Sungai Nibong

Taman Lip Sin is a freehold landed housing estate (with some low-cost flats) located in Sungai Nibong, Penang. It consists of Halaman Areka, Halaman Kenanga, Halaman Teratai, Ixora Heights, Jubilee Courtyard, 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 at this project is 1,000 sf to 3,650 sf for houses and 700 sf to 750 sf for flats. Other neighbouring projects nearby here are Taman Bayan Baru, Taman Gedung Heights, Taman Permai and Taman Sri Nibong.

Property Type
Landed & Low-Cost Flat
Land Tenure
Freehold
Built-up
1,000 sf - 3,650 sf (House)
700 sf - 750 sf (Flat)
Market Price
RM800,000 - RM1,860,000 (House)
RM260,000 - RM350,000 (Flat)
Density
-NA-
Completed In
-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 SJK (C) Keong Hoe, SMJK Phor Tay and SMK Sungai Nibong.

The current market prices for Taman Lip Sin are from RM800,000 to RM1,860,000 (about RM640 psf) for houses and RM260,000 to RM350,000 (about RM430 psf) for flats; while the monthly rentals are from RM1,300 to RM1,500 (about RM0.96 psf) for houses and RM800 to RM900 (about RM1.14 psf) for flats. The highest median price psf ever recorded was RM865 psf in Q1 2019 (House) and RM542 psf in Q3 2015 (Flat); while the lowest one was RM427 psf in Q1 2012 (House) and RM385 psf in Q3 2014 (Flat).

The current rental yield of Taman Lip Sin is 2.12% for houses and 3.0% for flats. The highest rental yield ever recorded was 2.44% in Q4 2017 (House) and 3.58% in Q1 2019 (Flat); while the lowest one was 2.09% in Q2 2016 (House) and 2.17% in Q3 2017 (Flat). Meanwhile, the most common unit layouts and sizes available here are as follows:

House Layouts

The most popular layout and size combination at Taman Lip Sin for houses is 3-bedroom / 1,400 sf with a median price of RM640 psf. For price wise, the most expensive one is 6-bedroom / 1,420 sf with a median price of RM1,270 psf; while the cheapest one is 4-bedroom / 3,650 sf with a median price of RM510 psf.

Low-Cost Flat Layouts

Meanwhile, the most popular layout and size combination at Taman Lip Sin for flats is 3-bedroom / 700 sf with a median price of RM430 psf. For price wise, the most expensive one is 3-bedroom / 750 sf with a median price of RM460 psf; while the cheapest one is 2-bedroom / 700 sf with a median price of RM370 psf.

Latest Taman Lip Sin for sale listings:

DateTypeBuilt-upPrice
19-Aug-19Low-Cost Flat700 sfRM199,000
18-Aug-19Low-Cost Flat750 sfRM360,000
17-Aug-19Low-Cost Flat700 sfRM330,000
17-Aug-19Low-Cost Flat800 sfRM395,000
17-Aug-19Low-Cost Flat700 sfRM330,000
11-Aug-19Low-Cost Flat685 sfRM330,000
11-Aug-19Low-Cost Flat700 sfRM330,000
11-Aug-19Low-Cost Flat700 sfRM329,000
11-Aug-19Low-Cost Flat700 sfRM330,000
11-Aug-19Low-Cost Flat550 sfRM245,000

Latest Taman Lip Sin for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM500
16-Aug-19Room In Apartment-NA-RM350
11-Aug-19Room-NA-RM400
05-Aug-19Room In Apartment-NA-RM500
02-Aug-19Low-Cost Flat700 sfRM750
02-Aug-19Room-NA-RM230
01-Aug-19Low-Cost Flat960 sfRM2,400
30-Jul-19Low-Cost Flat700 sfRM900
28-Jul-19Room In Apartment-NA-RM350
28-Jul-19Room In Apartment-NA-RM350

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