Barat Daya, Penang · Freehold · 5 transactions
Median Price
RM500K
RM324K – RM880K
Median PSF
RM423
RM278 – RM475
Transactions
5
2023-04 to 2025-08
Size Range
1165 – 1851
sq.ft (built-up)
Data-driven insights for PALM GARDEN
Earliest PSF (2023)
RM423
Current PSF (2025)
RM475
Capital Gain
+12.4%
Total Return (est.)
10.2% p.a.
| Capital appreciation (2 years) | +12.4% |
| Annualised capital return | +6.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 10.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +13.4% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,200 sqft | 2 | RM500K | RM423 |
| 1,850 sqft | 2 | RM950K | RM513 |
PSF Trend: Appreciating
PSF moved from RM423 (2023) to RM475 (2025)
Liquidity: Low
5 transactions over 2 years (~3/year)
3% below Barat Daya average
This project: RM423 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 10.2% p.a. (beats FD)
Capital gain (6.2% p.a.) + rental yield (~4% p.a.)
PALM GARDEN delivers a strong estimated total return of 10.2% p.a. — comprising +6.2% 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 capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,851 | RM475 | RM880K |
| Oct 2023 | Condominium/Apartment | Leasehold | 1,182 | RM423 | RM500K |
| Oct 2023 | Condominium/Apartment | Leasehold | 1,165 | RM278 | RM324K |
| Jun 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,851 | RM513 | RM950K |
| Apr 2023 | Condominium/Apartment | Leasehold | 1,224 | RM245 | RM300K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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