Timur Laut, Penang ยท Freehold ยท 5 transactions
Median Price
RM5.30M
RM4.80M โ RM5.30M
Median PSF
RM492
RM492 โ RM560
Transactions
5
2023-02 to 2025-12
Size Range
5802 โ 10775
sq.ft (built-up)
Data-driven insights for 8 GURNEY
Earliest PSF (2023)
RM492
Current PSF (2025)
RM578
Capital Gain
+17.5%
Total Return (est.)
12.8% p.a.
| Capital appreciation (2 years) | +17.5% |
| Annualised capital return | +8.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 12.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +18.5% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM492 (2023) to RM578 (2025)
Liquidity: Low
5 transactions over 2 years (~3/year)
7% above Timur Laut average
This project: RM492 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 12.8% p.a. (beats FD)
Capital gain (8.8% p.a.) + rental yield (~4% p.a.)
8 GURNEY delivers a strong estimated total return of 12.8% p.a. โ comprising +8.8% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Dec 2025 | Condominium/Apartment | Freehold | 10,775 | RM578 | RM6.23M |
| Sept 2023 | Condominium/Apartment | Freehold | 10,775 | RM445 | RM4.80M |
| Aug 2023 | Condominium/Apartment | Freehold | 5,802 | RM560 | RM3.25M |
| Aug 2023 | Condominium/Apartment | Freehold | 10,775 | RM492 | RM5.30M |
| Feb 2023 | Condominium/Apartment | Freehold | 10,775 | RM492 | RM5.30M |
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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