Barat Daya, Penang · Freehold · 15 transactions
Median Price
RM775K
RM732K – RM800K
Median PSF
RM474
RM453 – RM496
Transactions
15
2022-02 to 2024-09
Size Range
1594 – 1712
sq.ft (built-up)
Data-driven insights for OLIVE TREE RESIDENCES
Earliest PSF (2022)
RM470
Current PSF (2024)
RM494
Capital Gain
+5.2%
Total Return (est.)
6.6% p.a.
| Capital appreciation (2 years) | +5.2% |
| Annualised capital return | +2.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 6.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +6.2% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM470 (2022) to RM494 (2024)
Liquidity: Moderate
15 transactions over 2 years (~8/year)
8% above Barat Daya average
This project: RM474 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 6.6% p.a. (beats FD)
Capital gain (2.6% p.a.) + rental yield (~4% p.a.)
OLIVE TREE RESIDENCES delivers a strong estimated total return of 6.6% p.a. — comprising +2.6% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. 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 |
|---|---|---|---|---|---|
| Sept 2024 | Condominium/Apartment | Freehold | 1,594 | RM439 | RM700K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,594 | RM427 | RM680K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,617 | RM512 | RM828K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,617 | RM495 | RM800K |
| Apr 2024 | Condominium/Apartment | Freehold | 1,594 | RM494 | RM788K |
10 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 15 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.