E-RESIDENCE
Timur Laut, Penang · Freehold · 16 transactions
Median Price
RM590K
RM240K – RM699K
Median PSF
RM373
RM315 – RM442
Transactions
16
2021-03 to 2024-07
Size Range
743 – 1582
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for E-RESIDENCE
Investment Return
Earliest PSF (2021)
RM373
Current PSF (2024)
RM379
Capital Gain
+1.7%
Total Return (est.)
4.6% p.a.
| Capital appreciation (3 years) | +1.7% |
| Annualised capital return | +0.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +3.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 750 sqft | 6 | RM230K | RM310 |
| 1,600 sqft | 10 | RM699K | RM442 |
Market Verdict
PSF Trend: Stable
PSF moved from RM373 (2021) to RM379 (2024)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
19% below Timur Laut average
This project: RM373 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.6% p.a. (beats FD)
Capital gain (0.6% p.a.) + rental yield (~4% p.a.)
Verdict
E-RESIDENCE delivers a moderate estimated total return of 4.6% p.a. — comprising +0.6% 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 19% 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
Transaction History
Showing 5 of 16| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2024 | Flat | Freehold | 753 | RM319 | RM240K |
| Jun 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,582 | RM379 | RM600K |
| May 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,582 | RM315 | RM499K |
| May 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,582 | RM461 | RM729K |
| May 2024 | 2 - 2 1/2 Storey Terraced | Leasehold | 1,582 | RM442 | RM699K |
11 more transactions hidden
Full Report Includes
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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