Timur Laut, Penang · Freehold · 16 transactions
Median Price
RM1.60M
RM1.43M – RM1.77M
Median PSF
RM750
RM513 – RM831
Transactions
16
2022-02 to 2025-04
Size Range
1658 – 2874
sq.ft (built-up)
Data-driven insights for CASA PERMAI
Earliest PSF (2022)
RM687
Current PSF (2025)
RM515
Capital Gain
-25.1%
Total Return (est.)
-4.4% p.a.
| Capital appreciation (3 years) | -25.1% |
| Annualised capital return | -8.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -4.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -23.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 2,000 sqft | 3 | RM1.65M | RM831 |
| 2,250 sqft | 8 | RM1.67M | RM750 |
| 2,850 sqft | 3 | RM1.48M | RM515 |
PSF Trend: Declining
PSF moved from RM687 (2022) to RM515 (2025)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
63% above Timur Laut average
This project: RM750 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -4.4% p.a. (below FD)
Capital loss (-8.4% p.a.) + rental yield (~4% p.a.)
CASA PERMAI delivers a modest estimated total return of -4.4% p.a. — comprising -8.4% 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 trades at a significant 63% premium over the Timur Laut average — upside may be limited unless the area appreciates. 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 |
|---|---|---|---|---|---|
| Apr 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 2,874 | RM515 | RM1.48M |
| Aug 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 1,981 | RM949 | RM1.88M |
| Aug 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,228 | RM808 | RM1.80M |
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,874 | RM498 | RM1.43M |
| Aug 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,228 | RM750 | RM1.67M |
11 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 16 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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