TAMAN MELATI
Barat Daya, Penang · Freehold · 6 transactions
Median Price
RM825K
RM790K – RM830K
Median PSF
RM958
RM917 – RM964
Transactions
6
2023-01 to 2024-09
Size Range
861 – 861
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TAMAN MELATI
Investment Return
Earliest PSF (2023)
RM1219
Current PSF (2024)
RM958
Capital Gain
-21.4%
Total Return (est.)
-17.4% p.a.
| Capital appreciation (1 years) | -21.4% |
| Annualised capital return | -21.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -17.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | -20.9% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Declining
PSF moved from RM1219 (2023) to RM958 (2024)
Liquidity: Moderate
6 transactions over 1 years (~6/year)
119% above Barat Daya average
This project: RM958 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: -17.4% p.a. (below FD)
Capital loss (-21.4% p.a.) + rental yield (~4% p.a.)
Verdict
TAMAN MELATI delivers a modest estimated total return of -17.4% p.a. — comprising -21.4% capital depreciation and ~4% rental yield over 1 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 119% premium over the Barat Daya average — upside may be limited unless the area appreciates. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 6| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM929 | RM800K |
| May 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM964 | RM830K |
| Apr 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM917 | RM790K |
| Jan 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM958 | RM825K |
| Sept 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM1219 | RM1.05M |
1 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 6 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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