Timur Laut, Penang · Freehold · 33 transactions
Estimated Market Value
Units (700–700 sqft) estimated at RM270K – RM270K based on median PSF of RM386/sqft (33 verified transactions)
-3.3%
since 2021
Median Price
RM270K
RM245K – RM290K
Median PSF
RM386
RM350 – RM414
Transactions
33
2021-09 to 2025-04
Size Range
700 – 700
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Flat | Freehold | 700 | RM414 | RM290K |
| Apr 2025 | Flat | Freehold | 700 | RM429 | RM300K |
| Jan 2025 | Flat | Freehold | 700 | RM372 | RM260K |
| Sept 2024 | Flat | Freehold | 700 | RM400 | RM280K |
| Aug 2024 | Flat | Freehold | 700 | RM429 | RM300K |
| Jun 2024 | Flat | Freehold | 700 | RM429 | RM300K |
| Feb 2024 | Flat | Freehold | 700 | RM414 | RM290K |
| Nov 2023 | Flat | Freehold | 700 | RM386 | RM270K |
25 more transactions hidden
BANDAR BARU AIR ITAM-SRI IVORI · 33 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 33 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-SRI IVORI
Earliest PSF (2021)
RM429
Current PSF (2025)
RM414
Capital Gain
-3.3%
Total Return (est.)
3.2% p.a.
| Capital appreciation (4 years) | -3.3% |
| Annualised capital return | -0.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -1.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM900/mo
Rent Range
RM700-1100
25th – 75th pct
Rent PSF
RM1.29
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM800/mo |
| Semi Furnished | RM900/mo |
| Fully Furnished | RM1,100/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM429 (2021) to RM414 (2025)
Liquidity: Moderate
33 transactions over 4 years (~8/year)
12% below Timur Laut average
This project: RM386 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 3.2% p.a. (below FD)
Capital loss (-0.8% p.a.) + rental yield (~4% p.a.)
BANDAR BARU AIR ITAM-SRI IVORI delivers a modest estimated total return of 3.2% p.a. — comprising -0.8% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 12% below the Timur Laut 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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