Barat Daya, Penang · Freehold · 6 transactions
Estimated Market Value
Units (861–861 sqft) estimated at RM825K – RM825K based on median PSF of RM958/sqft (6 verified transactions)
-21.4%
since 2023
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)
| 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 |
| Jan 2023 | 1 - 1 1/2 Storey Terraced | Freehold | 861 | RM859 | RM740K |
TAMAN MELATI · 6 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2023–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Barat Daya average
All 6 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 TAMAN MELATI
Earliest PSF (2023)
RM1219
Current PSF (2024)
RM958
Capital Gain
-21.4%
Total Return (est.)
-17.3% p.a.
| Capital appreciation (1 years) | -21.4% |
| Annualised capital return | -21.4% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | -17.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | -20.8% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,800/mo
Rent Range
RM2300-3300
25th – 75th pct
Rent PSF
RM3.19
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,400/mo |
| Semi Furnished | RM2,800/mo |
| Fully Furnished | RM3,500/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM1219 (2023) to RM958 (2024)
Liquidity: Moderate
6 transactions over 1 years (~6/year)
107% above Barat Daya average
This project: RM958 PSF vs Barat Daya median: RM462 PSF
Est. Total Return: -17.3% p.a. (below FD)
Capital loss (-21.4% p.a.) + rental yield (~4.1% p.a.)
TAMAN MELATI delivers a modest estimated total return of -17.3% p.a. — comprising -21.4% capital depreciation and ~4.1% 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 107% premium over the Barat Daya average — upside may be limited unless the area appreciates. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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