Area Intelligence

TMN BISTARI

8 properties
2023
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Median Price
RM 169,500
PSF: RM 178

Residential Market

Median Price

RM 169,500

IQR: RM 117
MAD: RM 62
RM 178 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 8 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 178.

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 170K, with most transactions falling within a stable range of RM 71K to RM 268K, and a typical market range of RM 70K to RM 270K.

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

Price per square foot shows a median of RM 178, though individual units vary from RM 116 to RM 240 in the core range. The broader market spans RM 120.00 to RM 236.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 62) 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

8 properties grouped by size

550 sqft
4 units Low-Cost Flat
RM 57,000
538 sqft · RM 106.00 PSF
Nov 2023
RM 30,000
538 sqft · RM 56.00 PSF
May 2023
RM 50,000
538 sqft · RM 93.00 PSF
May 2023
RM 99,000
538 sqft · RM 184.00 PSF
Jan 2023
1,100 sqft
1 units Single Storey Terraced
RM 270,000
LORONG BISTARI 1
1,098 sqft · RM 246.00 PSF
Feb 2023
1,200 sqft
2 units Single Storey Terraced
RM 240,000
LORONG BISTARI 4
1,195 sqft · RM 201.00 PSF
Dec 2023
RM 250,000
LORONG BISTARI 4
1,195 sqft · RM 209.00 PSF
Mar 2023
1,450 sqft
1 units Single Storey Terraced
RM 250,000
LORONG MERBUK
1,454 sqft · RM 172.00 PSF
May 2023