Penang
Seberang Perai Selatan
11
TAMAN SERI BISTARI

TAMAN SERI BISTARI

Area Intelligence

2022

Median Price

RM 320,000

PSF: RM 257

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Residential PSF Trends

Median Price

RM 320,000

PSF: RM 257

TAMAN SERI BISTARI in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 257.

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 320K, with most transactions falling within a stable range of RM 269K to RM 371K, and a typical market range of RM 250K to RM 380K.

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

The median PSF stands at RM 257, with core pricing between RM 211 and RM 302. Market pricing typically extends from RM 197.00 to RM 316.00, reflecting moderate variation in unit pricing. The spread of RM 119.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

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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Transactions

4 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

RM 350,000

LORONG SERI BISTARI 3

1,206 sqft · RM 290 PSF

Sep 2022

RM 250,000

LORONG SERI BISTARI 7

1,206 sqft · RM 207 PSF

May 2022

RM 380,000

LORONG SERI BISTARI 5

1,195 sqft · RM 318 PSF

May 2022

LORONG SERI BISTARI 3	RM 350,000	RM 290	1,206 sqft	Sep 2022	Double Storey Terraced
LORONG SERI BISTARI 7	RM 250,000	RM 207	1,206 sqft	May 2022	Single Storey Terraced
LORONG SERI BISTARI 5	RM 380,000	RM 318	1,195 sqft	May 2022	Double Storey Terraced