Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM370K
RM345K – RM380K
Median PSF
RM465
RM443 – RM508
Transactions
6
2022-05 to 2024-10
Size Range
689 – 818
sq.ft (built-up)
Data-driven insights for DESA PENAGA
Earliest PSF (2022)
RM452
Current PSF (2024)
RM465
Capital Gain
+2.7%
Total Return (est.)
5.4% p.a.
| Capital appreciation (2 years) | +2.7% |
| Annualised capital return | +1.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +3.7% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 2 | RM350K | RM508 |
| 800 sqft | 4 | RM380K | RM465 |
PSF Trend: Stable
PSF moved from RM452 (2022) to RM465 (2024)
Liquidity: Low
6 transactions over 2 years (~3/year)
1% above Timur Laut average
This project: RM465 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.4% p.a. (beats FD)
Capital gain (1.4% p.a.) + rental yield (~4% p.a.)
DESA PENAGA delivers a moderate estimated total return of 5.4% p.a. — comprising +1.4% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. 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 |
|---|---|---|---|---|---|
| Oct 2024 | Flat | Freehold | 689 | RM443 | RM305K |
| Apr 2024 | Flat | Freehold | 818 | RM465 | RM380K |
| Mar 2024 | Flat | Freehold | 818 | RM550 | RM450K |
| Feb 2024 | Flat | Freehold | 818 | RM422 | RM345K |
| Dec 2023 | Flat | Freehold | 689 | RM508 | RM350K |
1 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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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