3 RESIDENCE
Timur Laut, Penang · Leasehold · 98 transactions
Median Price
RM660K
RM639K – RM742K
Median PSF
RM764
RM747 – RM794
Transactions
98
2021-01 to 2025-04
Size Range
850 – 1173
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for 3 RESIDENCE
Investment Return
Earliest PSF (2021)
RM766
Current PSF (2025)
RM823
Capital Gain
+7.5%
Total Return (est.)
5.9% p.a.
| Capital appreciation (4 years) | +7.5% |
| Annualised capital return | +1.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +9.5% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 73 | RM650K | RM764 |
| 1,050 sqft | 24 | RM808K | RM782 |
Market Verdict
PSF Trend: Stable
PSF moved from RM766 (2021) to RM823 (2025)
Liquidity: High
98 transactions over 4 years (~25/year)
67% above Timur Laut average
This project: RM764 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.9% p.a. (beats FD)
Capital gain (1.9% p.a.) + rental yield (~4% p.a.)
Verdict
3 RESIDENCE delivers a moderate estimated total return of 5.9% p.a. — comprising +1.9% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 67% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 98| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Condominium/Apartment | Leasehold | 850 | RM823 | RM700K |
| Sept 2024 | Condominium/Apartment | Leasehold | 850 | RM941 | RM800K |
| Jul 2024 | Condominium/Apartment | Leasehold | 1,033 | RM852 | RM880K |
| Jun 2024 | Condominium/Apartment | Leasehold | 850 | RM841 | RM715K |
| May 2024 | Condominium/Apartment | Leasehold | 850 | RM741 | RM630K |
93 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 98 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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