Taman Bistari
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 33,000
RM 63 psfMedian transaction price
Taman Bistari, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Bistari in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 33K and a median price per square foot (PSF) of RM 63.
This area contains both residential and commercial properties. View 43 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost flat, with moderate diversity in property types available.
For price per square foot, the median is RM 63, with most transactions between RM 61 and RM 65. The usual range is RM 0.00 to RM 127.13, showing that most units are priced quite close to each other. With an IQR of RM 128.25 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.
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.