QUAYSIDE CLEAR WATER BAY
Seberang Perai Utara, Penang · Freehold · 13 transactions
Median Price
RM420K
RM400K – RM445K
Median PSF
RM316
RM307 – RM335
Transactions
13
2021-11 to 2025-10
Size Range
1302 – 1328
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for QUAYSIDE CLEAR WATER BAY
Investment Return
Earliest PSF (2021)
RM328
Current PSF (2025)
RM289
Capital Gain
-11.7%
Total Return (est.)
1.1% p.a.
| Capital appreciation (4 years) | -11.7% |
| Annualised capital return | -2.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -9.7% |
*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 |
|---|---|---|---|
| 1,300 sqft | 5 | RM420K | RM320 |
| 1,350 sqft | 8 | RM420K | RM316 |
Market Verdict
PSF Trend: Declining
PSF moved from RM328 (2021) to RM289 (2025)
Liquidity: Low
13 transactions over 4 years (~3/year)
13% below Seberang Perai Utara average
This project: RM316 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 1.1% p.a. (below FD)
Capital loss (-2.9% p.a.) + rental yield (~4% p.a.)
Verdict
QUAYSIDE CLEAR WATER BAY delivers a modest estimated total return of 1.1% p.a. — comprising -2.9% 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 Seberang Perai Utara 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 13| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2025 | Condominium/Apartment | Freehold | 1,313 | RM289 | RM380K |
| May 2024 | Condominium/Apartment | Freehold | 1,313 | RM320 | RM420K |
| May 2024 | Condominium/Apartment | Freehold | 1,324 | RM378 | RM500K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,302 | RM307 | RM400K |
| Dec 2023 | Condominium/Apartment | Freehold | 1,313 | RM354 | RM465K |
8 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 13 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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