Timur Laut, Penang ยท Freehold ยท 16 transactions
Median Price
RM390K
RM362K โ RM500K
Median PSF
RM452
RM411 โ RM471
Transactions
16
2022-02 to 2024-08
Size Range
829 โ 1668
sq.ft (built-up)
Data-driven insights for DESA MAR VISTA
Earliest PSF (2022)
RM455
Current PSF (2024)
RM437
Capital Gain
-4.1%
Total Return (est.)
2.0% p.a.
| Capital appreciation (2 years) | -4.1% |
| Annualised capital return | -2.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -3.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM455 (2022) to RM437 (2024)
Liquidity: Moderate
16 transactions over 2 years (~8/year)
2% below Timur Laut average
This project: RM452 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.0% p.a. (below FD)
Capital loss (-2.0% p.a.) + rental yield (~4% p.a.)
DESA MAR VISTA delivers a modest estimated total return of 2.0% p.a. โ comprising -2.0% 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 is in line with the Timur Laut average, suggesting fair market pricing. 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 |
|---|---|---|---|---|---|
| Aug 2024 | Condominium/Apartment | Freehold | 1,389 | RM315 | RM438K |
| Jul 2024 | Condominium/Apartment | Freehold | 850 | RM452 | RM384K |
| May 2024 | Condominium/Apartment | Freehold | 829 | RM437 | RM362K |
| Aug 2023 | Condominium/Apartment | Freehold | 829 | RM543 | RM450K |
| Apr 2023 | Condominium/Apartment | Freehold | 872 | RM377 | RM329K |
11 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 16 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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