Timur Laut, Penang · Freehold · 23 transactions
Estimated Market Value
Units (1195–1636 sqft) estimated at RM755K – RM1.03M based on median PSF of RM632/sqft (23 verified transactions)
-3.8%
since 2021
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)
| 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 |
| Apr 2024 | Condominium/Apartment | Freehold | 1,636 | RM593 | RM970K |
| Feb 2024 | Condominium/Apartment | Freehold | 1,313 | RM624 | RM820K |
| Aug 2023 | Condominium/Apartment | Freehold | 1,324 | RM589 | RM780K |
15 more transactions hidden
BAYWATER RESORT CONDOMINIUM · 23 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 23 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 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 computed from 0 active rental listings.
Median Rent
RM2,700/mo
Rent Range
RM2200-3200
25th – 75th pct
Rent PSF
RM2.11
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,300/mo |
| Semi Furnished | RM2,700/mo |
| Fully Furnished | RM3,400/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| 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)
44% above Timur Laut average
This project: RM632 PSF vs Timur Laut median: RM440 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 44% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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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