Barat Daya, Penang · Freehold · 14 transactions
Estimated Market Value
Units (1259–1378 sqft) estimated at RM550K – RM602K based on median PSF of RM437/sqft (14 verified transactions)
-2.7%
since 2021
Median Price
RM565K
RM540K – RM600K
Median PSF
RM437
RM425 – RM457
Transactions
14
2021-09 to 2025-04
Size Range
1259 – 1378
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Condominium/Apartment | Freehold | 1,259 | RM437 | RM550K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,378 | RM435 | RM600K |
| Oct 2023 | Condominium/Apartment | Freehold | 1,259 | RM429 | RM540K |
| Oct 2023 | Condominium/Apartment | Freehold | 1,259 | RM453 | RM570K |
| Sept 2023 | Condominium/Apartment | Freehold | 1,378 | RM399 | RM550K |
| May 2022 | Condominium/Apartment | Freehold | 1,259 | RM516 | RM650K |
| May 2022 | Condominium/Apartment | Freehold | 1,259 | RM425 | RM535K |
| May 2022 | Condominium/Apartment | Freehold | 1,259 | RM457 | RM575K |
6 more transactions hidden
MERIDIEN RESIDENCE · 14 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Barat Daya average
All 14 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Barat Daya & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for MERIDIEN RESIDENCE
Earliest PSF (2021)
RM449
Current PSF (2025)
RM437
Capital Gain
-2.7%
Total Return (est.)
3.3% p.a.
| Capital appreciation (4 years) | -2.7% |
| Annualised capital return | -0.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -0.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,900/mo
Rent Range
RM1600-2200
25th – 75th pct
Rent PSF
RM1.46
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,600/mo |
| Semi Furnished | RM1,900/mo |
| Fully Furnished | RM2,400/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,250 sqft | 12 | RM565K | RM449 |
| 1,400 sqft | 2 | RM600K | RM435 |
PSF Trend: Stable
PSF moved from RM449 (2021) to RM437 (2025)
Liquidity: Low
14 transactions over 4 years (~4/year)
6% below Barat Daya average
This project: RM437 PSF vs Barat Daya median: RM462 PSF
Est. Total Return: 3.3% p.a. (below FD)
Capital loss (-0.7% p.a.) + rental yield (~4% p.a.)
MERIDIEN RESIDENCE delivers a modest estimated total return of 3.3% p.a. — comprising -0.7% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Barat Daya average, suggesting fair market pricing. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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