Timur Laut, Penang · Freehold · 13 transactions
Estimated Market Value
Units (550–1830 sqft) estimated at RM398K – RM1.32M based on median PSF of RM724/sqft (13 verified transactions)
-8.1%
since 2022
Median Price
RM1.13M
RM890K – RM1.20M
Median PSF
RM724
RM670 – RM792
Transactions
13
2022-03 to 2024-01
Size Range
550 – 1830
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2024 | Condominium/Apartment | Freehold | 1,700 | RM665 | RM1.13M |
| Sept 2023 | Condominium/Apartment | Freehold | 1,830 | RM628 | RM1.15M |
| Aug 2023 | Condominium/Apartment | Freehold | 1,119 | RM670 | RM750K |
| Jun 2023 | Condominium/Apartment | Freehold | 550 | RM873 | RM480K |
| Jun 2023 | Condominium/Apartment | Freehold | 1,230 | RM789 | RM970K |
| Apr 2023 | Condominium/Apartment | Freehold | 1,240 | RM806 | RM1.00M |
| Apr 2023 | Condominium/Apartment | Freehold | 1,830 | RM792 | RM1.45M |
| Aug 2022 | Condominium/Apartment | Freehold | 1,700 | RM724 | RM1.23M |
5 more transactions hidden
CITY RESIDENCE · 13 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 13 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 CITY RESIDENCE
Earliest PSF (2022)
RM724
Current PSF (2024)
RM665
Capital Gain
-8.1%
Total Return (est.)
-0.1% p.a.
| Capital appreciation (2 years) | -8.1% |
| Annualised capital return | -4.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -0.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -7.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM3,800/mo
Rent Range
RM3100-4500
25th – 75th pct
Rent PSF
RM2.41
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM3,200/mo |
| Semi Furnished | RM3,800/mo |
| Fully Furnished | RM4,800/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,250 sqft | 3 | RM970K | RM789 |
| 1,700 sqft | 4 | RM1.23M | RM724 |
| 1,850 sqft | 3 | RM1.20M | RM656 |
PSF Trend: Stable
PSF moved from RM724 (2022) to RM665 (2024)
Liquidity: Moderate
13 transactions over 2 years (~7/year)
64% above Timur Laut average
This project: RM724 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: -0.1% p.a. (below FD)
Capital loss (-4.1% p.a.) + rental yield (~4% p.a.)
CITY RESIDENCE delivers a modest estimated total return of -0.1% p.a. — comprising -4.1% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 64% premium over the Timur Laut average — upside may be limited unless the area appreciates. 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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