Barat Daya, Penang · Freehold · 16 transactions
Estimated Market Value
Units (614–700 sqft) estimated at RM246K – RM280K based on median PSF of RM400/sqft (16 verified transactions)
-3.6%
since 2021
Median Price
RM270K
RM260K – RM288K
Median PSF
RM400
RM379 – RM415
Transactions
16
2021-12 to 2025-08
Size Range
614 – 700
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2025 | Flat | Freehold | 700 | RM386 | RM270K |
| Aug 2024 | Flat | Freehold | 700 | RM377 | RM264K |
| May 2024 | Flat | Freehold | 700 | RM357 | RM250K |
| May 2024 | Flat | Freehold | 700 | RM412 | RM288K |
| Apr 2024 | Flat | Freehold | 614 | RM424 | RM260K |
| Jan 2024 | Flat | Freehold | 700 | RM386 | RM270K |
| Sept 2023 | Flat | Freehold | 700 | RM372 | RM260K |
| Sept 2023 | Flat | Freehold | 700 | RM412 | RM288K |
8 more transactions hidden
NIBONG INDAH · 16 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 16 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 NIBONG INDAH
Earliest PSF (2021)
RM400
Current PSF (2025)
RM386
Capital Gain
-3.6%
Total Return (est.)
3.1% p.a.
| Capital appreciation (4 years) | -3.6% |
| Annualised capital return | -0.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -1.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM900/mo
Rent Range
RM700-1100
25th – 75th pct
Rent PSF
RM1.33
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM800/mo |
| Semi Furnished | RM900/mo |
| Fully Furnished | RM1,100/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 2 | RM260K | RM424 |
| 700 sqft | 14 | RM270K | RM386 |
PSF Trend: Stable
PSF moved from RM400 (2021) to RM386 (2025)
Liquidity: Low
16 transactions over 4 years (~4/year)
13% below Barat Daya average
This project: RM400 PSF vs Barat Daya median: RM462 PSF
Est. Total Return: 3.1% p.a. (below FD)
Capital loss (-0.9% p.a.) + rental yield (~4% p.a.)
NIBONG INDAH delivers a modest estimated total return of 3.1% p.a. — comprising -0.9% 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 trades 13% below the Barat Daya average — potentially undervalued. Best suited for long-term holders.
Full investment analysis locked
ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
One-time payment · Instant access · No subscription
Compare with another scheme
Side-by-side PSF, ROI and price trends
Looking for new launches in Barat Daya?
Browse developer prices and floor plans