Barat Daya, Penang ยท Freehold ยท 22 transactions
Median Price
RM160K
RM130K โ RM312K
Median PSF
RM288
RM243 โ RM316
Transactions
22
2021-05 to 2025-11
Size Range
452 โ 2347
sq.ft (built-up)
Data-driven insights for TAMAN MEWAH
Earliest PSF (2021)
RM341
Current PSF (2025)
RM288
Capital Gain
-15.7%
Total Return (est.)
0.1% p.a.
| Capital appreciation (4 years) | -15.7% |
| Annualised capital return | -3.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -13.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 450 sqft | 10 | RM140K | RM310 |
| 550 sqft | 2 | RM120K | RM223 |
| 900 sqft | 3 | RM312K | RM341 |
| 1,550 sqft | 2 | RM460K | RM297 |
PSF Trend: Declining
PSF moved from RM341 (2021) to RM288 (2025)
Liquidity: Moderate
22 transactions over 4 years (~6/year)
34% below Barat Daya average
This project: RM288 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 0.1% p.a. (below FD)
Capital loss (-3.9% p.a.) + rental yield (~4% p.a.)
TAMAN MEWAH delivers a modest estimated total return of 0.1% p.a. โ comprising -3.9% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 34% below the Barat Daya average โ potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Low-Cost Flat | Freehold | 452 | RM288 | RM130K |
| Oct 2025 | Low-Cost Flat | Freehold | 452 | RM277 | RM125K |
| Apr 2024 | Low-Cost Flat | Freehold | 452 | RM354 | RM160K |
| Oct 2023 | 1 - 1 1/2 Storey Terraced | Leasehold | 915 | RM344 | RM315K |
| Oct 2023 | Low-Cost Flat | Freehold | 452 | RM332 | RM150K |
17 more transactions hidden
Complete NAPIC transaction data with trend analysis โ 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 22 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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