Timur Laut, Penang · Freehold · 58 transactions
Estimated Market Value
Units (538–538 sqft) estimated at RM170K – RM170K based on median PSF of RM316/sqft (58 verified transactions)
-9.8%
since 2021
Median Price
RM170K
RM160K – RM190K
Median PSF
RM316
RM297 – RM353
Transactions
58
2021-10 to 2026-01
Size Range
538 – 538
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2026 | Low-Cost Flat | Freehold | 538 | RM307 | RM165K |
| Jan 2026 | Low-Cost Flat | Freehold | 538 | RM307 | RM165K |
| Nov 2025 | Flat | Freehold | 538 | RM307 | RM165K |
| Nov 2025 | Flat | Freehold | 538 | RM409 | RM220K |
| Nov 2025 | Low-Cost Flat | Freehold | 538 | RM316 | RM170K |
| Nov 2025 | Low-Cost Flat | Freehold | 538 | RM409 | RM220K |
| Oct 2025 | Low-Cost Flat | Freehold | 538 | RM372 | RM200K |
| Aug 2025 | Low-Cost Flat | Freehold | 538 | RM223 | RM120K |
50 more transactions hidden
BANDAR BARU AIR ITAM-DESA MAWAR · 58 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 58 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for BANDAR BARU AIR ITAM-DESA MAWAR
Earliest PSF (2021)
RM340
Current PSF (2026)
RM307
Capital Gain
-9.8%
Total Return (est.)
2.2% p.a.
| Capital appreciation (5 years) | -9.8% |
| Annualised capital return | -2.0% p.a. |
| Est. gross rental yield | 4.2% p.a. |
| Est. total return (capital + rental) | 2.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 5yr) | -6.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM600/mo
Rent Range
RM500-700
25th – 75th pct
Rent PSF
RM1.05
Est. Yield
4.2% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM500/mo |
| Semi Furnished | RM600/mo |
| Fully Furnished | RM800/mo |
*Estimated rental figures based on Penang district average gross yield (4.2%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM340 (2021) to RM307 (2026)
Liquidity: Moderate
58 transactions over 5 years (~12/year)
28% below Timur Laut average
This project: RM316 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 2.2% p.a. (below FD)
Capital loss (-2.0% p.a.) + rental yield (~4.2% p.a.)
BANDAR BARU AIR ITAM-DESA MAWAR delivers a modest estimated total return of 2.2% p.a. — comprising -2.0% capital depreciation and ~4.2% rental yield over 5 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 28% below the Timur Laut average — potentially undervalued. Best suited for long-term holders, those who value liquidity.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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