Barat Daya, Penang · Freehold · 14 transactions
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)
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 estimated from Penang district averages.
| 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)
0% below Barat Daya average
This project: RM437 PSF vs Barat Daya median: RM438 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.
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 | 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 |
9 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 14 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.