Seberang Perai Utara, Penang · Freehold · 5 transactions
Estimated Market Value
Units (2422–2713 sqft) estimated at RM589K – RM659K based on median PSF of RM243/sqft (5 verified transactions)
-4.5%
since 2023
Median Price
RM588K
RM588K – RM630K
Median PSF
RM243
RM243 – RM243
Transactions
5
2023-08 to 2024-04
Size Range
2422 – 2713
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2024 | 2 - 2 1/2 Storey Shop | Freehold | 2,713 | RM232 | RM630K |
| Oct 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,422 | RM243 | RM588K |
| Oct 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,422 | RM322 | RM780K |
| Sept 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,422 | RM243 | RM588K |
| Aug 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,422 | RM243 | RM588K |
ARA MUTIARA · 5 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2023–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Seberang Perai Utara average
All 5 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Seberang Perai Utara & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for ARA MUTIARA
Earliest PSF (2023)
RM243
Current PSF (2024)
RM232
Capital Gain
-4.5%
Total Return (est.)
-0.4% p.a.
| Capital appreciation (1 years) | -4.5% |
| Annualised capital return | -4.5% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | -0.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | -3.9% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,000/mo
Rent Range
RM1600-2400
25th – 75th pct
Rent PSF
RM0.81
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,700/mo |
| Semi Furnished | RM2,000/mo |
| Fully Furnished | RM2,500/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM243 (2023) to RM232 (2024)
Liquidity: Moderate
5 transactions over 1 years (~5/year)
35% below Seberang Perai Utara average
This project: RM243 PSF vs Seberang Perai Utara median: RM375 PSF
Est. Total Return: -0.4% p.a. (below FD)
Capital loss (-4.5% p.a.) + rental yield (~4.1% p.a.)
ARA MUTIARA delivers a modest estimated total return of -0.4% p.a. — comprising -4.5% capital depreciation and ~4.1% rental yield over 1 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 35% below the Seberang Perai Utara average — potentially undervalued. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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