Barat Daya, Penang · Freehold · 12 transactions
Median Price
RM830K
RM780K – RM900K
Median PSF
RM445
RM414 – RM550
Transactions
12
2021-10 to 2025-04
Size Range
645 – 2455
sq.ft (built-up)
Data-driven insights for 98 NIBONG RESIDENCE
Earliest PSF (2021)
RM414
Current PSF (2025)
RM705
Capital Gain
+70.2%
Total Return (est.)
21.6% p.a.
| Capital appreciation (4 years) | +70.2% |
| Annualised capital return | +17.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 21.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +72.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 2 | RM455K | RM705 |
| 1,800 sqft | 5 | RM780K | RM430 |
| 2,350 sqft | 2 | RM1.05M | RM445 |
| 2,450 sqft | 2 | RM900K | RM367 |
PSF Trend: Appreciating
PSF moved from RM414 (2021) to RM705 (2025)
Liquidity: Low
12 transactions over 4 years (~3/year)
2% above Barat Daya average
This project: RM445 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 21.6% p.a. (beats FD)
Capital gain (17.6% p.a.) + rental yield (~4% p.a.)
98 NIBONG RESIDENCE delivers a strong estimated total return of 21.6% p.a. — comprising +17.6% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Barat Daya average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Condominium/Apartment | Freehold | 646 | RM705 | RM455K |
| Jul 2024 | Condominium/Apartment | Freehold | 2,357 | RM445 | RM1.05M |
| Jul 2023 | Condominium/Apartment | Freehold | 1,819 | RM550 | RM1.00M |
| May 2023 | Condominium/Apartment | Freehold | 1,812 | RM430 | RM780K |
| May 2023 | Condominium/Apartment | Freehold | 1,819 | RM429 | RM780K |
7 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 12 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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