Timur Laut, Penang ยท Freehold ยท 7 transactions
Median Price
RM210K
RM193K โ RM230K
Median PSF
RM305
RM283 โ RM338
Transactions
7
2022-04 to 2024-10
Size Range
676 โ 688
sq.ft (built-up)
Data-driven insights for DAFE COURT
Earliest PSF (2022)
RM352
Current PSF (2024)
RM305
Capital Gain
-13.2%
Total Return (est.)
-2.6% p.a.
| Capital appreciation (2 years) | -13.2% |
| Annualised capital return | -6.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -2.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -12.2% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Declining
PSF moved from RM352 (2022) to RM305 (2024)
Liquidity: Low
7 transactions over 2 years (~4/year)
33% below Timur Laut average
This project: RM305 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -2.6% p.a. (below FD)
Capital loss (-6.6% p.a.) + rental yield (~4% p.a.)
DAFE COURT delivers a modest estimated total return of -2.6% p.a. โ comprising -6.6% 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 33% below the Timur Laut average โ potentially undervalued. 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 |
|---|---|---|---|---|---|
| Oct 2024 | Flat | Freehold | 682 | RM283 | RM193K |
| Sept 2024 | Flat | Freehold | 681 | RM305 | RM208K |
| May 2024 | Flat | Freehold | 688 | RM305 | RM210K |
| Mar 2024 | Flat | Freehold | 682 | RM312 | RM213K |
| Mar 2023 | Flat | Freehold | 676 | RM281 | RM190K |
2 more transactions hidden
Complete NAPIC transaction data with trend analysis โ 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 7 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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