Timur Laut, Penang · Leasehold · 5 transactions
Median Price
RM242K
RM210K – RM250K
Median PSF
RM394
RM353 – RM407
Transactions
5
2021-12 to 2023-12
Size Range
538 – 614
sq.ft (built-up)
Data-driven insights for DESA PINANG 1
Earliest PSF (2021)
RM407
Current PSF (2023)
RM394
Capital Gain
-3.2%
Total Return (est.)
2.4% p.a.
| Capital appreciation (2 years) | -3.2% |
| Annualised capital return | -1.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -2.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM407 (2021) to RM394 (2023)
Liquidity: Low
5 transactions over 2 years (~3/year)
14% below Timur Laut average
This project: RM394 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.4% p.a. (below FD)
Capital loss (-1.6% p.a.) + rental yield (~4% p.a.)
DESA PINANG 1 delivers a modest estimated total return of 2.4% p.a. — comprising -1.6% 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 trades 14% below the Timur Laut average — potentially undervalued.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Dec 2023 | Low-Cost Flat | Leasehold | 614 | RM407 | RM250K |
| Nov 2023 | Low-Cost Flat | Leasehold | 614 | RM394 | RM242K |
| Jul 2023 | Low-Cost Flat | Leasehold | 538 | RM353 | RM190K |
| Dec 2021 | Low-Cost Flat | Leasehold | 614 | RM342 | RM210K |
| Dec 2021 | Low-Cost Flat | Leasehold | 614 | RM407 | RM250K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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