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, 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 neighboring projects nearby here are Taman Bayan Baru, Taman Gedung Heights 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
RM760,000 - RM1,860,000 (House)
RM350,000 - RM380,000 (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 RM760,000 to RM1,860,000 (about RM540 psf) for houses and RM350,000 to RM380,000 (about RM500 psf) for flats; while the monthly rentals are from RM1,300 to RM1,500 (about RM0.93 psf) for houses and RM800 to RM900 (about RM1.14 psf) for flats. The highest median price psf ever recorded was RM725 psf in Q4 2016 (House) and RM507 psf in Q4 2017 (Flat); while the lowest one was RM471 psf in Q4 2011 (House) and RM472 psf in Q1 2017 (Flat).

The current rental yield of Taman Lip Sin is 2.12% for houses and 2.71% for flats. The highest rental yield ever recorded was 2.44% in Q4 2017 (House) and 2.74% in Q2 2018 (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 RM540 psf. For price wise, the most expensive one is 3-bedroom / 1,000 sf with a median price of RM770 psf; while the cheapest one is 4-bedroom / 3,650 sf with a median price of RM510 psf.

Low-Cost Flat Layouts

Lastly, the most popular layout and size combination at Taman Lip Sin for flats is 3-bedroom / 700 sf with a median price of RM500 psf. For price wise, the most expensive one is 3-bedroom / 750 sf with a median price of RM500 psf; while the cheapest one is 3-bedroom / 700 sf with a median price of RM500 psf.

Latest Taman Lip Sin for sale listings:

DateTypeBuilt-upPrice
14-Dec-18Low-Cost Flat968 sfRM390,000
13-Dec-18Low-Cost Flat700 sfRM330,000
13-Dec-18Low-Cost Flat950 sfRM330,000
13-Dec-18Low-Cost Flat700 sfRM250,000
13-Dec-18Condominium960 sfRM570,000
12-Dec-18Low-Cost Flat820 sfRM380,000
12-Dec-18Low-Cost Flat700 sfRM218,000
12-Dec-18Condominium700 sfRM290,000
12-Dec-18Low-Cost Flat700 sfRM340,000
11-Dec-18Low-Cost Flat700 sfRM320,000

Latest Taman Lip Sin for rent listings:

DateTypeBuilt-upRental
TodayRoom In Apartment-NA-RM420
15-Dec-18Low-Cost Flat750 sfRM1,100
15-Dec-18Low-Cost Flat700 sfRM750
15-Dec-18Condominium970 sfRM1,000
15-Dec-18Room In Apartment-NA-RM500
15-Dec-18Low-Cost Flat750 sfRM800
14-Dec-18Low-Cost Flat750 sfRM1,100
14-Dec-18Condominium750 sfRM900
14-Dec-18Condominium750 sfRM1,200
14-Dec-18Condominium750 sfRM1,500