Papar, Sabah · Leasehold · 93 transactions
Median Price
RM130K
RM80K – RM160K
Median PSF
RM213
RM184 – RM237
Transactions
93
2021-02 to 2024-03
Size Range
320 – 1128
sq.ft (built-up)
Data-driven insights for MELINSUNG SUMMER BAY RESORT APT
Earliest PSF (2021)
RM203
Current PSF (2024)
RM226
Capital Gain
+11.1%
Total Return (est.)
8.0% p.a.
| Capital appreciation (3 years) | +11.1% |
| Annualised capital return | +3.7% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | 8.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +13.5% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Sabah district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 300 sqft | 6 | RM68K | RM213 |
| 350 sqft | 9 | RM60K | RM184 |
| 450 sqft | 24 | RM85K | RM189 |
| 650 sqft | 37 | RM150K | RM225 |
| 700 sqft | 11 | RM150K | RM217 |
| 1,050 sqft | 2 | RM240K | RM233 |
| 1,100 sqft | 3 | RM220K | RM200 |
PSF Trend: Appreciating
PSF moved from RM203 (2021) to RM226 (2024)
Liquidity: High
93 transactions over 3 years (~31/year)
50% below Papar average
This project: RM213 PSF vs Papar median: RM429 PSF
Est. Total Return: 8.0% p.a. (beats FD)
Capital gain (3.7% p.a.) + rental yield (~4.3% p.a.)
MELINSUNG SUMMER BAY RESORT APT delivers a strong estimated total return of 8.0% p.a. — comprising +3.7% 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 50% below the Papar average — potentially undervalued. Best suited for capital gain seekers, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Mar 2024 | Condominium/Apartment | Leasehold | 440 | RM273 | RM120K |
| Mar 2024 | Condominium/Apartment | Leasehold | 665 | RM226 | RM150K |
| Mar 2024 | Flat | Leasehold | 665 | RM241 | RM160K |
| Feb 2024 | Condominium/Apartment | Leasehold | 320 | RM172 | RM55K |
| Feb 2024 | Condominium/Apartment | Leasehold | 320 | RM219 | RM70K |
88 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 93 records
3 interactive charts
Scatter, price & PSF vs Papar & Sabah
Percentile breakdown
25th, 50th, 75th price & PSF
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