Area Intelligence

DESA BISTARI

4 properties
2021
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Median Price
RM 250,000
PSF: RM 358

Residential Market

Median Price

RM 250,000

IQR: RM 63
MAD: RM 32
RM 358 PSF 4.3%

PSF Trends (2021-2025)

DESA BISTARI in Timur Laut, Penang recorded 4 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 358.

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 250K, with most transactions falling within a stable range of RM 222K to RM 278K, and a typical market range of RM 228K to RM 272K.

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

The median PSF stands at RM 358, with core pricing between RM 317 and RM 398. Market pricing typically extends from RM 326.00 to RM 389.00, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 41, 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

4 properties grouped by size

700 sqft
4 units Flat
RM 260,000
700 sqft · RM 372.00 PSF
Dec 2021
RM 240,000
700 sqft · RM 343.00 PSF
Dec 2021
RM 295,000
700 sqft · RM 422.00 PSF
Dec 2021
RM 218,000
700 sqft · RM 312.00 PSF
Oct 2021