ASPEN RESIDENCE
Timur Laut, Penang · Freehold · 10 transactions
Median Price
RM718K
RM683K – RM745K
Median PSF
RM619
RM564 – RM633
Transactions
10
2021-10 to 2023-06
Size Range
1098 – 1292
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for ASPEN RESIDENCE
Investment Return
Earliest PSF (2021)
RM577
Current PSF (2023)
RM660
Capital Gain
+14.5%
Total Return (est.)
11.2% p.a.
| Capital appreciation (2 years) | +14.5% |
| Annualised capital return | +7.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 11.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +15.5% |
*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 |
|---|---|---|---|
| 1,100 sqft | 4 | RM718K | RM654 |
| 1,150 sqft | 2 | RM650K | RM564 |
| 1,300 sqft | 4 | RM778K | RM602 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM577 (2021) to RM660 (2023)
Liquidity: Moderate
10 transactions over 2 years (~5/year)
35% above Timur Laut average
This project: RM619 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 11.2% p.a. (beats FD)
Capital gain (7.2% p.a.) + rental yield (~4% p.a.)
Verdict
ASPEN RESIDENCE delivers a strong estimated total return of 11.2% p.a. — comprising +7.2% 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 35% 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
Transaction History
Showing 5 of 10| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jun 2023 | Condominium/Apartment | Freehold | 1,098 | RM660 | RM725K |
| Apr 2023 | Condominium/Apartment | Freehold | 1,292 | RM602 | RM778K |
| Dec 2022 | Condominium/Apartment | Freehold | 1,292 | RM619 | RM800K |
| Aug 2022 | Condominium/Apartment | Freehold | 1,152 | RM564 | RM650K |
| Apr 2022 | Condominium/Apartment | Freehold | 1,098 | RM633 | RM695K |
5 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 10 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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