Timur Laut, Penang · Freehold · 5 transactions
Median Price
RM1.80M
RM1.63M – RM1.80M
Median PSF
RM597
RM541 – RM597
Transactions
5
2022-12 to 2024-08
Size Range
3014 – 3014
sq.ft (built-up)
Data-driven insights for ARDMORE RESIDENCE
Earliest PSF (2022)
RM498
Current PSF (2024)
RM597
Capital Gain
+20.0%
Total Return (est.)
14.0% p.a.
| Capital appreciation (2 years) | +20.0% |
| Annualised capital return | +10.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 14.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +21.0% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM498 (2022) to RM597 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
30% above Timur Laut average
This project: RM597 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 14.0% p.a. (beats FD)
Capital gain (10.0% p.a.) + rental yield (~4% p.a.)
ARDMORE RESIDENCE delivers a strong estimated total return of 14.0% p.a. — comprising +10.0% 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 30% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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 |
|---|---|---|---|---|---|
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 3,014 | RM597 | RM1.80M |
| Mar 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 3,014 | RM541 | RM1.63M |
| Sept 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 3,014 | RM664 | RM2.00M |
| May 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 3,014 | RM597 | RM1.80M |
| Dec 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 3,014 | RM498 | RM1.50M |
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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