Penang
Seberang Perai Selatan
11
TAMAN SERI BISTARI

TAMAN SERI BISTARI

Area Intelligence

2021

Median Price

RM 240,000

PSF: RM 199

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Residential PSF Trends

Median Price

RM 240,000

PSF: RM 199

TAMAN SERI BISTARI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 240K and a median price per square foot (PSF) of RM 199.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 240K, with most transactions falling within a stable range of RM 218K to RM 250K, and a typical market range of RM 200K to RM 250K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 199, with core pricing between RM 175 and RM 223. Market pricing typically extends from RM 139.50 to RM 258.50, reflecting moderate variation in unit pricing. With an IQR of RM 119.00 and MAD of RM 24, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI BISTARI, Seberang Perai Selatan, Penang

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