Timur Laut, Penang · Freehold · 16 transactions
Estimated Market Value
Units (538–980 sqft) estimated at RM287K – RM523K based on median PSF of RM534/sqft (16 verified transactions)
-9.4%
since 2021
Median Price
RM523K
RM498K – RM573K
Median PSF
RM534
RM508 – RM585
Transactions
16
2021-01 to 2025-02
Size Range
538 – 980
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2025 | Low-Cost Flat | Freehold | 538 | RM409 | RM220K |
| Jan 2025 | Low-Cost Flat | Freehold | 538 | RM461 | RM248K |
| Nov 2024 | Flat | Freehold | 980 | RM585 | RM573K |
| Jul 2024 | Flat | Freehold | 980 | RM531 | RM520K |
| May 2024 | Flat | Freehold | 980 | RM592 | RM580K |
| Nov 2023 | Flat | Freehold | 980 | RM602 | RM590K |
| Oct 2023 | Flat | Freehold | 980 | RM510 | RM500K |
| May 2023 | Flat | Freehold | 980 | RM620 | RM607K |
8 more transactions hidden
DESA AIRMAS · 16 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 16 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 DESA AIRMAS
Earliest PSF (2021)
RM508
Current PSF (2025)
RM461
Capital Gain
-9.4%
Total Return (est.)
1.6% p.a.
| Capital appreciation (4 years) | -9.4% |
| Annualised capital return | -2.3% p.a. |
| Est. gross rental yield | 3.9% p.a. |
| Est. total return (capital + rental) | 1.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -7.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,700/mo
Rent Range
RM1400-2000
25th – 75th pct
Rent PSF
RM1.78
Est. Yield
3.9% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,400/mo |
| Semi Furnished | RM1,700/mo |
| Fully Furnished | RM2,100/mo |
*Estimated rental figures based on Penang district average gross yield (3.9%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 550 sqft | 4 | RM220K | RM409 |
| 1,000 sqft | 12 | RM550K | RM562 |
PSF Trend: Stable
PSF moved from RM508 (2021) to RM461 (2025)
Liquidity: Low
16 transactions over 4 years (~4/year)
21% above Timur Laut average
This project: RM534 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 1.6% p.a. (below FD)
Capital loss (-2.3% p.a.) + rental yield (~3.9% p.a.)
DESA AIRMAS delivers a modest estimated total return of 1.6% p.a. — comprising -2.3% capital depreciation and ~3.9% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 21% 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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