TAMAN BISTARI in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 165.
This area contains both residential and commercial properties. View 42 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 120K to RM 300K, and a typical market range of RM 120K to RM 300K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 165, though individual units vary from RM 102 to RM 227 in the core range. The broader market spans RM 104.00 to RM 225.00, indicating diverse property characteristics. A wider spread (IQR: RM 121.00) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
