Area Intelligence

TMN BISTARI

18 properties
2022
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Median Price
RM 225,000
PSF: RM 165

Residential Market

Median Price

RM 200,000

IQR: RM 117
MAD: RM 62
RM 161 PSF 25.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

RM 377 PSF

PSF Trends (2021-2025)

TMN BISTARI in Seberang Perai Selatan, Penang recorded 18 subsale transactions in 2022, with a median price of RM 225K and a median price per square foot (PSF) of RM 165.

This area contains both residential and commercial properties. View 40 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 225K, with most transactions falling within a stable range of RM 90K to RM 360K, and a typical market range of RM 125K to RM 325K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 165, though individual units vary from RM 87 to RM 242 in the core range. The broader market spans RM 106.50 to RM 222.50, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 78) 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.

Area Location

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TMN BISTARI, Seberang Perai Selatan, Penang

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Transactions

18 properties grouped by size

550 sqft
8 units Low-Cost Flat
RM 30,000
538 sqft · RM 56.00 PSF
Dec 2022
RM 55,000
538 sqft · RM 102.00 PSF
Nov 2022
RM 75,000
538 sqft · RM 139.00 PSF
Sep 2022
RM 60,000
538 sqft · RM 111.00 PSF
Jun 2022
RM 98,000
538 sqft · RM 182.00 PSF
Mar 2022
RM 31,000
538 sqft · RM 58.00 PSF
Feb 2022
RM 33,000
538 sqft · RM 61.00 PSF
Feb 2022
RM 42,000
538 sqft · RM 78.00 PSF
Jan 2022
1,100 sqft
3 units Single Storey Terraced
RM 250,000
LORONG BISTARI 5
1,098 sqft · RM 228.00 PSF
Oct 2022
RM 200,000
LORONG BISTARI 5
1,098 sqft · RM 182.00 PSF
Feb 2022
RM 250,000
LORONG BISTARI 5
1,098 sqft · RM 228.00 PSF
Jan 2022
1,200 sqft
3 units
RM 250,000
Single Storey Terraced LORONG BISTARI 2
1,195 sqft · RM 209.00 PSF
Aug 2022
RM 450,000
Double Storey Shop JLN OOI KAR SENG
1,195 sqft · RM 377.00 PSF
Jun 2022
RM 250,000
Single Storey Terraced LORONG BISTARI 4
1,195 sqft · RM 209.00 PSF
Mar 2022
1,450 sqft
1 units Single Storey Terraced
RM 300,000
LRG BISTARI 5
1,442 sqft · RM 208.00 PSF
Jun 2022
1,900 sqft
1 units Single Storey Terraced
RM 320,000
LORONG BISTARI 1
1,905 sqft · RM 168.00 PSF
Sep 2022
2,000 sqft
1 units Single Storey Terraced
RM 300,000
LORONG BISTARI 1
2,024 sqft · RM 148.00 PSF
Jun 2022
2,550 sqft
1 units Single Storey Terraced
RM 410,000
LORONG BISTARI 3
2,551 sqft · RM 161.00 PSF
Aug 2022