PLATINIUM III
Barat Daya, Penang · Freehold · 22 transactions
Median Price
RM500K
RM485K – RM535K
Median PSF
RM389
RM368 – RM424
Transactions
22
2021-12 to 2025-11
Size Range
1249 – 1345
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for PLATINIUM III
Investment Return
Earliest PSF (2021)
RM424
Current PSF (2025)
RM368
Capital Gain
-13.2%
Total Return (est.)
0.7% p.a.
| Capital appreciation (4 years) | -13.2% |
| Annualised capital return | -3.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -11.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,250 sqft | 9 | RM500K | RM400 |
| 1,350 sqft | 13 | RM500K | RM375 |
Market Verdict
PSF Trend: Declining
PSF moved from RM424 (2021) to RM368 (2025)
Liquidity: Moderate
22 transactions over 4 years (~6/year)
11% below Barat Daya average
This project: RM389 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 0.7% p.a. (below FD)
Capital loss (-3.3% p.a.) + rental yield (~4% p.a.)
Verdict
PLATINIUM III delivers a modest estimated total return of 0.7% p.a. — comprising -3.3% 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 11% below the Barat Daya average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 22| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 1,259 | RM476 | RM600K |
| Jul 2025 | Condominium/Apartment | Freehold | 1,335 | RM328 | RM438K |
| Jul 2025 | Condominium/Apartment | Freehold | 1,345 | RM346 | RM465K |
| Jan 2025 | Condominium/Apartment | Freehold | 1,345 | RM368 | RM495K |
| Nov 2024 | Condominium/Apartment | Freehold | 1,345 | RM360 | RM485K |
17 more transactions hidden
Full Report Includes
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 22 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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