Timur Laut, Penang · Freehold · 10 transactions
Median Price
RM180K
RM175K – RM195K
Median PSF
RM341
RM332 – RM370
Transactions
10
2021-08 to 2024-09
Size Range
527 – 527
sq.ft (built-up)
Data-driven insights for DESA MAY
Earliest PSF (2021)
RM332
Current PSF (2024)
RM360
Capital Gain
+8.6%
Total Return (est.)
6.9% p.a.
| Capital appreciation (3 years) | +8.6% |
| Annualised capital return | +2.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 6.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +10.1% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM332 (2021) to RM360 (2024)
Liquidity: Low
10 transactions over 3 years (~3/year)
26% below Timur Laut average
This project: RM341 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 6.9% p.a. (beats FD)
Capital gain (2.9% p.a.) + rental yield (~4% p.a.)
DESA MAY delivers a strong estimated total return of 6.9% p.a. — comprising +2.9% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 26% below the Timur Laut average — 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 |
|---|---|---|---|---|---|
| Sept 2024 | Low-Cost Flat | Freehold | 527 | RM379 | RM200K |
| Apr 2024 | Low-Cost Flat | Freehold | 527 | RM341 | RM180K |
| Jan 2024 | Low-Cost Flat | Freehold | 527 | RM360 | RM190K |
| Dec 2023 | Low-Cost Flat | Freehold | 527 | RM319 | RM168K |
| Dec 2023 | Low-Cost Flat | Freehold | 527 | RM413 | RM218K |
5 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 10 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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