Area Intelligence

TAMAN SERI BISTARI

6 properties
2022
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Median Price
RM 365,000
PSF: RM 215

Residential Market

Median Price

RM 365,000

IQR: RM 116
MAD: RM 69
RM 215 PSF 16.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SERI BISTARI in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 365K and a median price per square foot (PSF) of RM 215.

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 365K, with most transactions falling within a stable range of RM 300K to RM 430K, and a typical market range of RM 287K to RM 440K.

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

Price per square foot shows a median of RM 215, though individual units vary from RM 140 to RM 290 in the core range. The broader market spans RM 156.88 to RM 273.13, indicating diverse property characteristics. A wider spread (IQR: RM 116.25) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI BISTARI, Seberang Perai Selatan, Penang

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Transactions

6 properties grouped by size

1,200 sqft
3 units
RM 350,000
Double Storey Terraced LORONG SERI BISTARI 3
1,206 sqft · RM 290.00 PSF
Sep 2022
RM 250,000
Single Storey Terraced LORONG SERI BISTARI 7
1,206 sqft · RM 207.00 PSF
May 2022
RM 380,000
Double Storey Terraced LRG SERI BISTARI 5
1,195 sqft · RM 318.00 PSF
May 2022
1,300 sqft
1 units Single Storey Terraced
RM 290,000
LORONG SERI BISTARI 11
1,302 sqft · RM 223.00 PSF
Apr 2022
3,450 sqft
1 units Double Storey Terraced
RM 405,000
LORONG SERI BESTARI 5
3,434 sqft · RM 118.00 PSF
Oct 2022
3,500 sqft
1 units Double Storey Semi-D
RM 440,000
LORONG SERI BISTARI 1
3,477 sqft · RM 127.00 PSF
Dec 2022