Area Intelligence

DESA BISTARI

3 properties
2022
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Median Price
RM 278,000
PSF: RM 397

Residential Market

Median Price

RM 278,000

IQR: RM 63
MAD: RM 32
RM 397 PSF 4.3%

PSF Trends (2021-2025)

DESA BISTARI in Timur Laut, Penang recorded 3 subsale transactions in 2022, with a median price of RM 278K and a median price per square foot (PSF) of RM 397.

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 278K, with most transactions falling within a stable range of RM 255K to RM 300K, and a typical market range of RM 256K to RM 300K.

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

For price per square foot, the median is RM 397, with most transactions between RM 365 and RM 429. The usual range is RM 365.50 to RM 428.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 32, 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.

Area Location

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DESA BISTARI, Timur Laut, Penang

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Transactions

3 properties found

Flat
RM 300,000
700 sqft Dec 2022
RM 429.00 PSF
Flat
RM 245,000
700 sqft Oct 2022
RM 350.00 PSF
Flat
RM 278,000
700 sqft Feb 2022
RM 397.00 PSF