Timur Laut, Penang · Freehold · 87 transactions
Median Price
RM3.30M
RM2.20M – RM3.90M
Median PSF
RM929
RM799 – RM1078
Transactions
87
2021-05 to 2024-11
Size Range
2691 – 14639
sq.ft (built-up)
Data-driven insights for BANDAR TANJONG PINANG
Earliest PSF (2021)
RM915
Current PSF (2024)
RM1007
Capital Gain
+10.1%
Total Return (est.)
7.4% p.a.
| Capital appreciation (3 years) | +10.1% |
| Annualised capital return | +3.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 7.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +11.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 2,700 sqft | 30 | RM2.05M | RM762 |
| 2,850 sqft | 4 | RM3.50M | RM1236 |
| 2,900 sqft | 2 | RM2.70M | RM929 |
| 3,550 sqft | 2 | RM5.65M | RM1586 |
| 3,600 sqft | 19 | RM3.30M | RM915 |
| 3,800 sqft | 18 | RM3.79M | RM997 |
| 4,200 sqft | 7 | RM5.25M | RM1257 |
PSF Trend: Appreciating
PSF moved from RM915 (2021) to RM1007 (2024)
Liquidity: High
87 transactions over 3 years (~29/year)
103% above Timur Laut average
This project: RM929 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 7.4% p.a. (beats FD)
Capital gain (3.4% p.a.) + rental yield (~4% p.a.)
BANDAR TANJONG PINANG delivers a strong estimated total return of 7.4% p.a. — comprising +3.4% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 103% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for capital gain seekers, long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,831 | RM1247 | RM3.53M |
| Oct 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,691 | RM799 | RM2.15M |
| Sept 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,691 | RM929 | RM2.50M |
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,691 | RM1078 | RM2.90M |
| Jul 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,886 | RM1493 | RM5.80M |
82 more transactions hidden
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 87 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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