Barat Daya, Penang · Leasehold · 24 transactions
Estimated Market Value
Units (678–1647 sqft) estimated at RM335K – RM814K based on median PSF of RM494/sqft (24 verified transactions)
+9.4%
since 2021
Median Price
RM500K
RM470K – RM570K
Median PSF
RM494
RM468 – RM553
Transactions
24
2021-04 to 2024-11
Size Range
678 – 1647
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2024 | Condominium/Apartment | Leasehold | 678 | RM590 | RM400K |
| Oct 2024 | Condominium/Apartment | Leasehold | 1,292 | RM441 | RM570K |
| Jul 2024 | Condominium/Apartment | Leasehold | 980 | RM480 | RM470K |
| Jul 2024 | Condominium/Apartment | Leasehold | 980 | RM449 | RM440K |
| Jun 2024 | Condominium/Apartment | Leasehold | 850 | RM564 | RM480K |
| Feb 2024 | Condominium/Apartment | Leasehold | 904 | RM553 | RM500K |
| Feb 2024 | Condominium/Apartment | Leasehold | 904 | RM553 | RM500K |
| Jan 2024 | Condominium/Apartment | Leasehold | 1,012 | RM474 | RM480K |
16 more transactions hidden
THE PROMENADE · 24 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Barat Daya average
All 24 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 THE PROMENADE
Earliest PSF (2021)
RM506
Current PSF (2024)
RM553
Capital Gain
+9.4%
Total Return (est.)
7.2% p.a.
| Capital appreciation (3 years) | +9.4% |
| Annualised capital return | +3.1% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | 7.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +11.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,700/mo
Rent Range
RM1400-2000
25th – 75th pct
Rent PSF
RM1.65
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,400/mo |
| Semi Furnished | RM1,700/mo |
| Fully Furnished | RM2,100/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 3 | RM365K | RM538 |
| 850 sqft | 3 | RM480K | RM564 |
| 900 sqft | 2 | RM500K | RM553 |
| 1,000 sqft | 8 | RM480K | RM480 |
| 1,300 sqft | 4 | RM598K | RM463 |
PSF Trend: Stable
PSF moved from RM506 (2021) to RM553 (2024)
Liquidity: Moderate
24 transactions over 3 years (~8/year)
7% above Barat Daya average
This project: RM494 PSF vs Barat Daya median: RM462 PSF
Est. Total Return: 7.2% p.a. (beats FD)
Capital gain (3.1% p.a.) + rental yield (~4.1% p.a.)
THE PROMENADE delivers a strong estimated total return of 7.2% p.a. — comprising +3.1% capital appreciation and ~4.1% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Barat Daya average, suggesting fair market pricing. Best suited for capital gain seekers.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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