Timur Laut, Penang · Freehold · 23 transactions
Median Price
RM820K
RM805K – RM900K
Median PSF
RM632
RM613 – RM660
Transactions
23
2021-10 to 2024-12
Size Range
1195 – 1636
sq.ft (built-up)
Data-driven insights for BAYWATER RESORT CONDOMINIUM
Earliest PSF (2021)
RM657
Current PSF (2024)
RM632
Capital Gain
-3.8%
Total Return (est.)
2.7% p.a.
| Capital appreciation (3 years) | -3.8% |
| Annualised capital return | -1.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -2.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,200 sqft | 4 | RM790K | RM661 |
| 1,300 sqft | 13 | RM820K | RM624 |
| 1,650 sqft | 3 | RM950K | RM581 |
PSF Trend: Stable
PSF moved from RM657 (2021) to RM632 (2024)
Liquidity: Moderate
23 transactions over 3 years (~8/year)
38% above Timur Laut average
This project: RM632 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.7% p.a. (below FD)
Capital loss (-1.3% p.a.) + rental yield (~4% p.a.)
BAYWATER RESORT CONDOMINIUM delivers a modest estimated total return of 2.7% p.a. — comprising -1.3% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 38% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Dec 2024 | Condominium/Apartment | Freehold | 1,636 | RM581 | RM950K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,324 | RM650 | RM860K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,378 | RM704 | RM970K |
| May 2024 | Condominium/Apartment | Freehold | 1,313 | RM632 | RM830K |
| Apr 2024 | Condominium/Apartment | Freehold | 1,195 | RM632 | RM755K |
18 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 23 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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