Taman Bistari
Hot Area · Top 6%14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 57,000
|
RM 106
|
538 sqft
|
|
|
|
Level 2
|
RM 30,000
|
RM 56
|
538 sqft
|
|
|
|
Level 3
|
RM 50,000
|
RM 93
|
538 sqft
|
|
|
|
Level G
|
RM 99,000
|
RM 184
|
538 sqft
|
|
|
Lorong Bistari 1
|
RM 270,000
|
RM 246
|
1,098 sqft
|
|
|
Lorong Bistari 4
|
RM 240,000
|
RM 201
|
1,195 sqft
|
|
|
|
Lorong Bistari 4
|
RM 250,000
|
RM 209
|
1,195 sqft
|
|
|
Lorong Merbuk
|
RM 250,000
|
RM 172
|
1,454 sqft
|
|
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Market Snapshot
ResidentialRM 169,500
RM 178 psfMedian transaction price
Taman Bistari, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Bistari in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 178.
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. The median price is RM 170K, with most transactions falling within a stable range of RM 71K to RM 268K, and a typical market range of RM 60K to RM 270K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 178, though individual units vary from RM 116 to RM 240 in the core range. The broader market spans RM 113.82 to RM 242.07, indicating diverse property characteristics. A wider spread (IQR: RM 128.25) and deviation (MAD: RM 62) 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.