Area Intelligence

DESA BISTARI

4 properties
2024
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Median Price
RM 284,000
PSF: RM 406

Residential Market

Median Price

RM 284,000

IQR: RM 63
MAD: RM 32
RM 406 PSF 4.3%

PSF Trends (2021-2025)

DESA BISTARI in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 284K and a median price per square foot (PSF) of RM 406.

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 284K, with most transactions falling within a stable range of RM 265K to RM 300K, and a typical market range of RM 262K to RM 300K.

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

For price per square foot, the median is RM 406, with most transactions between RM 379 and RM 433. The usual range is RM 374.50 to RM 437.50, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 27, 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 300,000
700 sqft · RM 429.00 PSF
Jun 2024
RM 300,000
700 sqft · RM 429.00 PSF
May 2024
RM 268,000
700 sqft · RM 383.00 PSF
Apr 2024
RM 258,000
700 sqft · RM 369.00 PSF
Feb 2024