Taman Lip Sin, Sungai Nibong

Taman Lip Sin is a freehold landed housing estate (with some low-cost flats) located in Sungai Nibong, Penang Island. 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 3,875 sf for houses, 592 sf to 700 sf for flats and 1,000 sf for offices. Other neighbouring projects 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 - 3,875 sf (House)
592 sf - 700 sf (Flat)
1,000 sf (Office)
Market Price
RM750,000 - RM1,600,000 (House)
RM240,000 - RM260,000 (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 SMJK Phor Tay and SMK Sungai Nibong.

The current rental yield of Taman Lip Sin is 4.67% for houses and 3.65% for flats. The highest rental yield ever recorded was 4.67% in Q2 2020 (house) and 10.76% in Q3 2012 (flat); while the lowest one was 1.86% in Q2 2018 (house) and 2.8% in Q1 2014 (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 RM590 psf. For price wise, the most expensive one is 2-bedroom / 1,000 sf with a median price of RM770 psf; while the cheapest one is 5-bedroom / 3,875 sf with a median price of RM360 psf.

Low-Cost 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 RM370 psf. For price wise, the most expensive one is 2-bedroom / 650 sf with a median price of RM400 psf; while the cheapest one is 3-bedroom / 700 sf with a median price of RM370 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 RM1.30 psf. For rental wise, the most expensive one is 1,000 sf with a median rental of RM1.30 psf; while the cheapest one is 1,000 sf with a median rental of RM1.30 psf.

Latest Taman Lip Sin for sale listings:

DateTypeBuilt-upPrice
3 Aug 2022Low-Cost Flat700 sfRM365,000
10 Jul 2022Terrace3,800 sfRM1,590,000
7 Jun 2022Shop-Office4,336 sfRM550,000
14 May 2022Low-Cost Flat702 sfRM350,000
25 Apr 2022Condominium702 sfRM350,000
25 Feb 2022Low-Cost Flat750 sfRM408,000
14 Feb 2022Apartment700 sfRM206,672
26 Jan 2022Condominium968 sfRM400,000
25 Jan 2022Low-Cost Flat700 sfRM360,000
24 Jan 2022Low-Cost Flat700 sfRM260,000

Latest Taman Lip Sin for rent listings:

DateTypeBuilt-upRental
3 Aug 2022Condominium750 sfRM900
27 Jun 2022Low-Cost Flat700 sfRM950
11 May 2022Apartment Room-NA-RM280
26 Mar 2022Low-Cost Flat650 sfRM800
19 Mar 2022Condominium700 sfRM850
16 Mar 2022Apartment Room-NA-RM200
30 Jan 2022Low-Cost Flat750 sfRM900
22 Jan 2022Condominium800 sfRM1,000
22 Jan 2022Low-Cost Flat700 sfRM1,000
22 Jan 2022Low-Cost Flat700 sfRM850
0 user comments on Taman Lip Sin