Barat Daya, Penang · Freehold · 13 transactions
Estimated Market Value
Units (538–1615 sqft) estimated at RM367K – RM1.10M based on median PSF of RM681/sqft (13 verified transactions)
-53.3%
since 2021
Median Price
RM681K
RM530K – RM855K
Median PSF
RM681
RM600 – RM805
Transactions
13
2021-04 to 2026-04
Size Range
538 – 1615
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2026 | Serviced Apartment | Freehold | 1,324 | RM385 | RM510K |
| Jul 2024 | Serviced Apartment | Freehold | 1,615 | RM530 | RM855K |
| Jan 2024 | Serviced Apartment | Freehold | 1,324 | RM529 | RM700K |
| Sept 2023 | Serviced Apartment | Freehold | 538 | RM706 | RM380K |
| Jun 2023 | Serviced Apartment | Freehold | 807 | RM681 | RM550K |
| May 2023 | Serviced Apartment | Freehold | 538 | RM676 | RM364K |
| Oct 2022 | Serviced Apartment | Freehold | 840 | RM631 | RM530K |
| Oct 2022 | Serviced Apartment | Freehold | 883 | RM600 | RM530K |
5 more transactions hidden
THE LOFT @ SOUTHBAY CITY · 13 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2021–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Barat Daya average
All 13 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
Best value
3-month minimum
RM19.90/month
Every report on NewProjek, not just this one.
Minimum 3 months (RM59.70), then month-to-month.
One report
No account needed
RM69.90 once
This scheme only. Yours to keep, no subscription.
One-time payment.
Data-driven insights for THE LOFT @ SOUTHBAY CITY
Earliest PSF (2021)
RM825
Current PSF (2026)
RM385
Capital Gain
-53.3%
Total Return (est.)
-6.6% p.a.
| Capital appreciation (5 years) | -53.3% |
| Annualised capital return | -10.7% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | -6.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 5yr) | -50.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,300/mo
Rent Range
RM1900-2700
25th – 75th pct
Rent PSF
RM2.27
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,000/mo |
| Semi Furnished | RM2,300/mo |
| Fully Furnished | RM2,900/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 550 sqft | 2 | RM380K | RM706 |
| 800 sqft | 2 | RM681K | RM844 |
| 1,200 sqft | 2 | RM994K | RM825 |
| 1,300 sqft | 2 | RM700K | RM529 |
| 1,600 sqft | 2 | RM1.40M | RM867 |
PSF Trend: Declining
PSF moved from RM825 (2021) to RM385 (2026)
Liquidity: Low
13 transactions over 5 years (~3/year)
53% above Barat Daya average
This project: RM681 PSF vs Barat Daya median: RM444 PSF
Est. Total Return: -6.6% p.a. (below FD)
Capital loss (-10.7% p.a.) + rental yield (~4.1% p.a.)
THE LOFT @ SOUTHBAY CITY delivers a modest estimated total return of -6.6% p.a. — comprising -10.7% capital depreciation and ~4.1% rental yield over 5 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 53% premium over the Barat Daya average — upside may be limited unless the area appreciates. Best suited for long-term holders.
Full investment analysis locked
ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
Subscribe from RM19.90/mo · or RM69.90 once · Instant access
Compare with another scheme
Side-by-side PSF, ROI and price trends
Looking for new launches in Barat Daya?
Browse developer prices and floor plans