IRIS GARDEN

Bahagian Bintulu, Sarawak · Leasehold · 13 transactions

Median Price

RM295K

RM290K – RM320K

Median PSF

RM355

RM349 – RM386

Transactions

13

2021-09 to 2024-10

Size Range

830 – 830

sq.ft (built-up)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for IRIS GARDEN

Investment Return

Earliest PSF (2021)

RM349

Current PSF (2024)

RM386

Capital Gain

+10.3%

Total Return (est.)

7.7% p.a.

Capital appreciation (3 years)+10.3%
Annualised capital return+3.4% p.a.
Est. gross rental yield4.3% p.a.
Est. total return (capital + rental)7.7% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+12.7%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Sarawak district averages.

Market Verdict

PSF Trend: Appreciating

PSF moved from RM349 (2021) to RM386 (2024)

Liquidity: Low

13 transactions over 3 years (~4/year)

15% below Bahagian Bintulu average

This project: RM355 PSF vs Bahagian Bintulu median: RM420 PSF

Est. Total Return: 7.7% p.a. (beats FD)

Capital gain (3.4% p.a.) + rental yield (~4.3% p.a.)

Verdict

IRIS GARDEN delivers a strong estimated total return of 7.7% p.a. — comprising +3.4% capital appreciation and ~4.3% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 15% below the Bahagian Bintulu average — potentially undervalued. Best suited for capital gain seekers.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 13
DateTypeTenureSize (sqft)PSFPrice
Oct 2024Condominium/ApartmentLeasehold830RM398RM330K
Sept 2024Condominium/ApartmentLeasehold830RM398RM330K
Sept 2024Condominium/ApartmentLeasehold830RM301RM250K
Aug 2024Condominium/ApartmentLeasehold830RM386RM320K
Jul 2024Condominium/ApartmentLeasehold830RM386RM320K

8 more transactions hidden

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 13 records

3 interactive charts

Scatter, price & PSF vs Bahagian Bintulu & Sarawak

Percentile breakdown

25th, 50th, 75th price & PSF

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