Penang
Timur Laut
13
DESA BISTARI

DESA BISTARI

Area Intelligence

2023

Median Price

RM 297,500

PSF: RM 426

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Residential PSF Trends

Median Price

RM 297,500

PSF: RM 426

DESA BISTARI in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 298K and a median price per square foot (PSF) of RM 426.

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 298K, with most transactions falling within a stable range of RM 300K to RM 323K, and a typical market range of RM 300K to RM 320K.

Most transactions involved flats, with minimal variety in property types.

For price per square foot, the median is RM 426, with most transactions between RM 390 and RM 461. The usual range is RM 394.00 to RM 457.00, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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DESA BISTARI, Timur Laut, Penang

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