Timur Laut, Penang · Freehold · 16 transactions
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)
Data-driven insights for DESA AIRMAS
Earliest PSF (2021)
RM508
Current PSF (2025)
RM461
Capital Gain
-9.4%
Total Return (est.)
1.7% p.a.
| Capital appreciation (4 years) | -9.4% |
| Annualised capital return | -2.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -7.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| 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)
16% above Timur Laut average
This project: RM534 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 1.7% p.a. (below FD)
Capital loss (-2.3% p.a.) + rental yield (~4% p.a.)
DESA AIRMAS delivers a modest estimated total return of 1.7% p.a. — comprising -2.3% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 16% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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 |
|---|---|---|---|---|---|
| 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 |
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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