Barat Daya, Penang · Freehold · 51 transactions
Median Price
RM1.08M
RM940K – RM1.39M
Median PSF
RM1025
RM919 – RM1151
Transactions
51
2021-04 to 2024-09
Size Range
947 – 1658
sq.ft (built-up)
Data-driven insights for QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT
Earliest PSF (2021)
RM980
Current PSF (2024)
RM1219
Capital Gain
+24.4%
Total Return (est.)
12.1% p.a.
| Capital appreciation (3 years) | +24.4% |
| Annualised capital return | +8.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 12.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +25.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 950 sqft | 18 | RM1.05M | RM1109 |
| 1,000 sqft | 10 | RM920K | RM919 |
| 1,200 sqft | 16 | RM1.23M | RM1025 |
| 1,650 sqft | 6 | RM1.92M | RM1158 |
PSF Trend: Appreciating
PSF moved from RM980 (2021) to RM1219 (2024)
Liquidity: High
51 transactions over 3 years (~17/year)
134% above Barat Daya average
This project: RM1025 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 12.1% p.a. (beats FD)
Capital gain (8.1% p.a.) + rental yield (~4% p.a.)
QUEENS RESIDENCES Q1 @ QUEENS WATERFRONT delivers a strong estimated total return of 12.1% p.a. — comprising +8.1% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 134% premium over the Barat Daya average — upside may be limited unless the area appreciates. Best suited for capital gain seekers, long-term holders, those who value liquidity.
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 | 950 | RM1263 | RM1.20M |
| Aug 2024 | Condominium/Apartment | Freehold | 947 | RM1299 | RM1.23M |
| Aug 2024 | Condominium/Apartment | Freehold | 947 | RM1109 | RM1.05M |
| Aug 2024 | Condominium/Apartment | Freehold | 1,206 | RM1149 | RM1.39M |
| Apr 2024 | Condominium/Apartment | Freehold | 1,206 | RM1219 | RM1.47M |
46 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 51 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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