Barat Daya, Penang · Freehold · 40 transactions
Median Price
RM1.51M
RM915K – RM1.93M
Median PSF
RM1077
RM944 – RM1236
Transactions
40
2022-03 to 2024-10
Size Range
947 – 1658
sq.ft (built-up)
Data-driven insights for QUEENS RESIDENCES Q2 @ QUEENS WATERFRONT
Earliest PSF (2022)
RM1076
Current PSF (2024)
RM1211
Capital Gain
+12.5%
Total Return (est.)
10.2% p.a.
| Capital appreciation (2 years) | +12.5% |
| 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) | +13.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 950 sqft | 13 | RM890K | RM937 |
| 1,000 sqft | 7 | RM963K | RM962 |
| 1,400 sqft | 12 | RM1.77M | RM1267 |
| 1,650 sqft | 8 | RM2.05M | RM1236 |
PSF Trend: Appreciating
PSF moved from RM1076 (2022) to RM1211 (2024)
Liquidity: High
40 transactions over 2 years (~20/year)
146% above Barat Daya average
This project: RM1077 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.)
QUEENS RESIDENCES Q2 @ QUEENS WATERFRONT 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 trades at a significant 146% 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 |
|---|---|---|---|---|---|
| Oct 2024 | Condominium/Apartment | Freehold | 1,001 | RM997 | RM998K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,399 | RM1286 | RM1.80M |
| Jun 2024 | Condominium/Apartment | Freehold | 947 | RM1003 | RM950K |
| Jun 2024 | Condominium/Apartment | Freehold | 1,399 | RM1465 | RM2.05M |
| Apr 2024 | Condominium/Apartment | Freehold | 958 | RM939 | RM900K |
35 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 40 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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