PRESTIGE III

Barat Daya, Penang · Freehold · 75 transactions

Median Price

RM370K

RM330K – RM600K

Median PSF

RM362

RM296 – RM384

Transactions

75

2021-04 to 2025-11

Size Range

646 – 2939

sq.ft (built-up)

Condominium/Apartment (38)2 - 2 1/2 Storey Terraced (28)2 - 2 1/2 Storey Semi-Detached (5)1 - 1 1/2 Storey Terraced (4)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for PRESTIGE III

Investment Return

Earliest PSF (2021)

RM362

Current PSF (2025)

RM376

Capital Gain

+3.8%

Total Return (est.)

5.0% p.a.

Capital appreciation (4 years)+3.8%
Annualised capital return+1.0% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)5.0% p.a.
vs Fixed Deposit (3.5% p.a. x 4yr)+5.8%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
650 sqft11RM180KRM279
900 sqft27RM340KRM373
950 sqft4RM470KRM485
1,750 sqft25RM600KRM342
2,350 sqft5RM680KRM292

Market Verdict

PSF Trend: Stable

PSF moved from RM362 (2021) to RM376 (2025)

Liquidity: High

75 transactions over 4 years (~19/year)

17% below Barat Daya average

This project: RM362 PSF vs Barat Daya median: RM438 PSF

Est. Total Return: 5.0% p.a. (beats FD)

Capital gain (1.0% p.a.) + rental yield (~4% p.a.)

Verdict

PRESTIGE III delivers a moderate estimated total return of 5.0% p.a. — comprising +1.0% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 17% below the Barat Daya average — potentially undervalued. Best suited for long-term holders, those who value liquidity.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 75
DateTypeTenureSize (sqft)PSFPrice
Nov 20252 - 2 1/2 Storey TerracedFreehold1,755RM376RM660K
Jul 20252 - 2 1/2 Storey Semi-DetachedFreehold2,325RM254RM590K
Apr 20252 - 2 1/2 Storey Semi-DetachedFreehold2,325RM323RM750K
Apr 20252 - 2 1/2 Storey TerracedFreehold2,939RM242RM710K
Feb 20251 - 1 1/2 Storey TerracedFreehold969RM568RM550K

70 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 75 records

3 interactive charts

Scatter, price & PSF vs Barat Daya & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

Instant access. No subscription.