Timur Laut, Penang · Freehold · 27 transactions
Estimated Market Value
Units (1701–70816 sqft) estimated at RM810K – RM33.71M based on median PSF of RM476/sqft (27 verified transactions)
+130.8%
since 2021
Median Price
RM1.47M
RM480K – RM1.73M
Median PSF
RM476
RM439 – RM523
Transactions
27
2021-10 to 2026-01
Size Range
1701 – 70816
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2026 | 2 - 2 1/2 Storey Shop | Freehold | 1,701 | RM570 | RM970K |
| Oct 2024 | 2 - 2 1/2 Storey Shop | Freehold | 3,672 | RM270 | RM990K |
| Oct 2024 | 3 - 3 1/2 Storey Shop | Freehold | 3,300 | RM523 | RM1.73M |
| Aug 2024 | 3 - 3 1/2 Storey Shop | Freehold | 3,300 | RM445 | RM1.47M |
| Jul 2024 | 3 - 3 1/2 Storey Shop | Freehold | 3,875 | RM452 | RM1.75M |
| Apr 2024 | Shop Unit/Retail Lot | Freehold | — | — | RM290K |
| Feb 2024 | Shop Unit/Retail Lot | Freehold | — | — | RM490K |
| Nov 2023 | Shop Unit/Retail Lot | Freehold | — | — | RM1.18M |
19 more transactions hidden
BANDAR BARU AYER ITAM · 27 transactions
vs RM200–500 valuer fee
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Investment ROI since first transaction
Capital gain 2021–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 27 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
Best value
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Data-driven insights for BANDAR BARU AYER ITAM
Earliest PSF (2021)
RM247
Current PSF (2026)
RM570
Capital Gain
+130.8%
Total Return (est.)
30.2% p.a.
| Capital appreciation (5 years) | +130.8% |
| Annualised capital return | +26.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 30.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 5yr) | +133.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM4,900/mo
Rent Range
RM4000-5800
25th – 75th pct
Rent PSF
RM1.59
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM4,200/mo |
| Semi Furnished | RM4,900/mo |
| Fully Furnished | RM6,100/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 3,300 sqft | 9 | RM1.58M | RM479 |
| 3,900 sqft | 2 | RM1.75M | RM452 |
| 5,450 sqft | 2 | RM2.85M | RM523 |
PSF Trend: Appreciating
PSF moved from RM247 (2021) to RM570 (2026)
Liquidity: Moderate
27 transactions over 5 years (~5/year)
4% above Timur Laut average
This project: RM476 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: 30.2% p.a. (beats FD)
Capital gain (26.2% p.a.) + rental yield (~4% p.a.)
BANDAR BARU AYER ITAM delivers a strong estimated total return of 30.2% p.a. — comprising +26.2% capital appreciation and ~4% rental yield over 5 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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