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 neighbouring 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)
RM340,000 - RM370,000 (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 RM340,000 to RM370,000 (about RM490 psf) for flats; while the monthly rentals are from RM1,300 to RM1,500 (about RM0.93 psf) for houses and RM600 to RM900 (about RM1.14 psf) for flats. The highest median price psf ever recorded was RM725 psf in Q4 2016 (House) and RM542 psf in Q3 2015 (Flat); while the lowest one was RM471 psf in Q4 2011 (House) and RM385 psf in Q3 2014 (Flat).

The current rental yield of Taman Lip Sin is 2.12% for houses and 3.58% 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 RM540 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 RM490 psf. For price wise, the most expensive one is 3-bedroom / 750 sf with a median price of RM490 psf; while the cheapest one is 3-bedroom / 700 sf with a median price of RM490 psf.

Latest Taman Lip Sin for sale listings:

DateTypeBuilt-upPrice
18-Apr-19Low-Cost Flat986 sfRM395,000
18-Apr-19Condominium700 sfRM250,000
17-Apr-19Low-Cost Flat700 sfRM250,000
17-Apr-19Low-Cost Flat710 sfRM220,000
16-Apr-19Condominium700 sfRM395,000
15-Apr-19Apartment700 sfRM222,000
15-Apr-19Low-Cost Flat800 sfRM395,000
25-Mar-19Low-Cost Flat700 sfRM338,000
15-Mar-19Low-Cost Flat700 sfRM300,000
15-Mar-19Low-Cost Flat750 sfRM360,000

Latest Taman Lip Sin for rent listings:

DateTypeBuilt-upRental
17-Apr-19Room In Apartment-NA-RM330
17-Apr-19Room In Apartment-NA-RM500
17-Apr-19Room In Apartment-NA-RM500
15-Apr-19Room In Apartment-NA-RM170
13-Apr-19Room In Apartment-NA-RM400
13-Apr-19Room In Apartment-NA-RM500
13-Apr-19Room In Apartment-NA-RM500
12-Apr-19Room In Apartment-NA-RM500
12-Apr-19Room In Apartment-NA-RM280
12-Apr-19Room In Apartment-NA-RM450