INDAH BAY
Timur Laut, Penang · Freehold · 5 transactions
Median Price
RM363K
RM360K – RM388K
Median PSF
RM496
RM485 – RM522
Transactions
5
2022-08 to 2025-02
Size Range
732 – 743
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for INDAH BAY
Investment Return
Earliest PSF (2022)
RM522
Current PSF (2025)
RM496
Capital Gain
-5.1%
Total Return (est.)
2.3% p.a.
| Capital appreciation (3 years) | -5.1% |
| Annualised capital return | -1.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -3.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Stable
PSF moved from RM522 (2022) to RM496 (2025)
Liquidity: Low
5 transactions over 3 years (~2/year)
8% above Timur Laut average
This project: RM496 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.3% p.a. (below FD)
Capital loss (-1.7% p.a.) + rental yield (~4% p.a.)
Verdict
INDAH BAY delivers a modest estimated total return of 2.3% p.a. — comprising -1.7% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 5| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2025 | Condominium/Apartment | Freehold | 732 | RM496 | RM363K |
| Sept 2024 | Condominium/Apartment | Freehold | 743 | RM458 | RM340K |
| Apr 2024 | Condominium/Apartment | Freehold | 743 | RM485 | RM360K |
| May 2023 | Condominium/Apartment | Freehold | 743 | RM536 | RM398K |
| Aug 2022 | Condominium/Apartment | Freehold | 743 | RM522 | RM388K |
Full Report Includes
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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