Taman Lip Sin

Apartment Terrace
Taman Lip Sin, 11900 Sungai Nibong, Penang
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Taman Lip Sin is a neighbourhood of several apartment residences as well as landed homes located in Sungai Nibong, Penang. The neighbourhood appears to have been around for a number of years, with many older apartment buildings within showing signs of wear.

Landed homes at Taman Lip Sin comprise of single-storey and double-storey terraces, which appear to be mostly occupied. Hence, many of the homes have been well-maintained, as opposed to the apartments. Apartments on the other hand, are largely comprised of low-rise complexes, with the tallest being only 6 storeys in height. These residences mainly cater to the lower income segment of the population. Apartment units are estimated to have built-up sizes of between 550 sf to 700 sf.

Amenities within Taman Lip Sin are mostly from the rows of shop lots located on the ground floors of a few apartments. These shops house businesses such as sundry shops, eateries, laundromats and even clinics, which are the most basic conveniences residents may require. Other amenities will take a few minutes’ drive to the town of Bayan Baru, where commercial hubs such as Pan Palace Plaza, Krystal Point and even Queensbay Mall can offer restaurants, banks, supermarkets, department stores, and more. Schools in the area include SRJK (C) Shih Chung, SK Bayan Baru, and SMJK Phor Tay among others.

Taman Lip Sin is located a short distance from Jalan Sultan Azlan Shah and the Tun Dr. Lim Chong Eu Expressway. Hence, the first Penang bridge is a little over 5 minutes’ drive away, as with the town of Gelugor. Heading south, towns such as Bayan Lepas, Batu Maung, as well as the second Penang bridge are only about 15 minutes away.

24-hour
Security
Yes
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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  • NIL
  • From RM 245,000
  • From RM 700
  • NIL
Built Up
From 550 sq ft
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storey
6
Total Units
NIL
Parking
Min. 1

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Taman Lip Sin 0 RM 240,000 - RM 400,000
RM 400 psf - RM 571 psf
RM 600 - RM 600 NIL 2.81 %
The CEO 2012 RM 290,000 - RM 290,000
RM 705 psf - RM 705 psf
RM 1,400 - RM 1,400 NIL 6.1 %
Taman Jerejak Villa 2011 From RM 1,500,000 From RM 2,500 NIL NIL
Ixora Heights 2010 RM 510,000 - RM 590,000
RM 531 psf - RM 614 psf
RM 1,000 - RM 1,000 NIL 2.62 %
Asia Hills 2010 RM 2,390,000 - RM 5,500,000
RM 458 psf - RM 781 psf
RM 3,500 - RM 3,500 NIL 1.22 %
Krystal Garden 2010 RM 950,000 - RM 1,250,000 RM 2,500 - RM 2,500 NIL 2.73 %
i-Avenue 2008 RM 150,000 - RM 558,000 RM 900 - RM 4,200 NIL 8.64 %
9 For Sale in Taman Lip Sin 10 For Rent in Taman Lip Sin 8 For Sale in The CEO 11 For Rent in The CEO 8 For Sale in Ixora Heights 9 For Rent in Ixora Heights 6 For Sale in Asia Hills 3 For Rent in Asia Hills

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 sq ft - - RM 656 psf
500 - 1,000 sq ft - - -
1,000 - 1,500 sq ft - RM 653 psf RM 217 psf
1,500 - 2,500 sq ft - RM 832 psf -
2,500 - 4,000 sq ft - RM 984 psf -
4,000 sq ft and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 302 psf
Non Landed Properties
RM 526 psf
Landed Properties
RM 480 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 24,500
    Loan Amount ( 90 %) RM 220,500
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (550 sq ft)
    Total Monthly Expenses
    RM 3,000 ±

    Disclaimer

    The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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