Barat Daya, Penang · Freehold · 22 transactions
Estimated Market Value
Units (872–947 sqft) estimated at RM350K – RM380K based on median PSF of RM401/sqft (22 verified transactions)
-2.9%
since 2022
Median Price
RM350K
RM340K – RM430K
Median PSF
RM401
RM373 – RM475
Transactions
22
2022-02 to 2024-10
Size Range
872 – 947
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2024 | Condominium/Apartment | Freehold | 872 | RM401 | RM350K |
| Jul 2024 | Condominium/Apartment | Freehold | 872 | RM344 | RM300K |
| May 2024 | Condominium/Apartment | Freehold | 872 | RM356 | RM310K |
| Apr 2024 | Condominium/Apartment | Freehold | 872 | RM470 | RM410K |
| Apr 2024 | Condominium/Apartment | Freehold | 872 | RM493 | RM430K |
| Apr 2024 | Condominium/Apartment | Freehold | 872 | RM390 | RM340K |
| Jan 2024 | Condominium/Apartment | Freehold | 872 | RM390 | RM340K |
| Sept 2023 | Condominium/Apartment | Freehold | 872 | RM539 | RM470K |
14 more transactions hidden
SPRINGFIELD CONDOMINIUM · 22 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Barat Daya average
All 22 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Barat Daya & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for SPRINGFIELD CONDOMINIUM
Earliest PSF (2022)
RM401
Current PSF (2024)
RM390
Capital Gain
-2.9%
Total Return (est.)
2.7% p.a.
| Capital appreciation (2 years) | -2.9% |
| Annualised capital return | -1.4% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | 2.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -1.7% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,200/mo
Rent Range
RM1000-1400
25th – 75th pct
Rent PSF
RM1.34
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,000/mo |
| Semi Furnished | RM1,200/mo |
| Fully Furnished | RM1,500/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 16 | RM350K | RM401 |
| 950 sqft | 6 | RM380K | RM401 |
PSF Trend: Stable
PSF moved from RM401 (2022) to RM390 (2024)
Liquidity: Moderate
22 transactions over 2 years (~11/year)
13% below Barat Daya average
This project: RM401 PSF vs Barat Daya median: RM462 PSF
Est. Total Return: 2.7% p.a. (below FD)
Capital loss (-1.4% p.a.) + rental yield (~4.1% p.a.)
SPRINGFIELD CONDOMINIUM delivers a modest estimated total return of 2.7% p.a. — comprising -1.4% capital depreciation and ~4.1% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 13% below the Barat Daya average — potentially undervalued. Best suited for long-term holders, those who value liquidity.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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