In a transflective-type display panel and a display apparatus having the transflective-type display panel, the transflective-type display panel includes a first display substrate, a second display substrate and a liquid crystal layer. The first display substrate includes a first substrate and a common electrode arranged on the first substrate. The second display substrate includes a second substrate having a main pixel area where a plurality of sub pixel areas are formed, a plurality of transmission electrodes formed in the sub pixel areas and coupled with each other, and a reflection electrode arranged in at least one sub pixel area. Thus, the transflective-type display panel improves a viewing angle and a display quality thereof and improves productivity.