TAMAN BISTARI

Area Intelligence
2024
Median Price
RM 66,000
PSF: RM 123

Residential PSF Trends

Median Price

RM 66,000

PSF: RM 123

Commercial PSF Trends

Median Price

RM 450,000

RM 377 PSF

TAMAN BISTARI in Seberang Perai Selatan, Penang recorded 11 subsale transactions in 2024, with a median price of RM 66K and a median price per square foot (PSF) of RM 123.

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 66K, with most transactions falling within a stable range of RM -3,000 to RM 135K, and a typical market range of RM -39,000 to RM 171K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 123, though individual units vary from RM 56 to RM 190 in the core range. The broader market spans RM 62.50 to RM 183.50, indicating diverse property characteristics. A wider spread (IQR: RM 121.00) and deviation (MAD: RM 67) 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.

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TAMAN BISTARI, Seberang Perai Selatan, Penang

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