Area Intelligence

TMN BISTARI

11 properties
2024
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Median Price
RM 66,000
PSF: RM 123

Residential Market

Median Price

RM 66,000

IQR: RM 117
MAD: RM 62
RM 123 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 11 subsale transactions in 2024, with a median price of RM 66K and a median price per square foot (PSF) of RM 123.

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 66K, with most transactions falling within a stable range of RM 41K to RM 171K, and a typical market range of RM 41K to RM 166K.

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

Price per square foot shows a median of RM 123, though individual units vary from RM 51 to RM 195 in the core range. The broader market spans RM 65.00 to RM 181.00, indicating diverse property characteristics. A wider spread (IQR: RM 116.00) and deviation (MAD: RM 72) 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

11 properties grouped by size

550 sqft
7 units Low-Cost Flat
RM 48,000
538 sqft · RM 89.00 PSF
Sep 2024
RM 50,000
538 sqft · RM 93.00 PSF
Sep 2024
RM 66,000
538 sqft · RM 123.00 PSF
Jul 2024
RM 41,000
538 sqft · RM 76.00 PSF
Jun 2024
RM 55,000
538 sqft · RM 102.00 PSF
Jun 2024
RM 125,000
538 sqft · RM 232.00 PSF
Apr 2024
RM 48,000
538 sqft · RM 89.00 PSF
Jan 2024
1,100 sqft
2 units Single Storey Terraced
RM 285,000
LORONG BISTARI 1
1,098 sqft · RM 260.00 PSF
Sep 2024
RM 240,000
JALAN RAJAWALI
1,098 sqft · RM 219.00 PSF
Feb 2024
1,200 sqft
2 units Single Storey Terraced
RM 288,000
LORONG BISTARI 2
1,195 sqft · RM 241.00 PSF
Dec 2024
RM 281,000
LORONG BISTARI 8
1,195 sqft · RM 235.00 PSF
Mar 2024