Timur Laut, Penang · Freehold · 13 transactions
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)
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 estimated from Penang district averages.
| 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)
58% above Timur Laut average
This project: RM724 PSF vs Timur Laut median: RM459 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 58% 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 |
|---|---|---|---|---|---|
| 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 |
8 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 13 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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