Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM1.80M
RM1.80M – RM1.95M
Median PSF
RM728
RM624 – RM796
Transactions
6
2022-02 to 2025-11
Size Range
2260 – 2885
sq.ft (built-up)
Data-driven insights for GOLDEN BAY CONDOMINIUM
Earliest PSF (2022)
RM796
Current PSF (2025)
RM796
Capital Gain
+0.0%
Total Return (est.)
4.0% p.a.
| Capital appreciation (3 years) | +0.0% |
| Annualised capital return | +0.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +1.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 2,250 sqft | 2 | RM1.80M | RM796 |
| 2,900 sqft | 4 | RM1.95M | RM676 |
PSF Trend: Stable
PSF moved from RM796 (2022) to RM796 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
59% above Timur Laut average
This project: RM728 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.0% p.a. (beats FD)
Capital gain (0.0% p.a.) + rental yield (~4% p.a.)
GOLDEN BAY CONDOMINIUM delivers a moderate estimated total return of 4.0% p.a. — comprising +0.0% 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 at a significant 59% premium over the Timur Laut average — upside may be limited unless the area appreciates. 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 |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 2,260 | RM796 | RM1.80M |
| Aug 2025 | Condominium/Apartment | Freehold | 2,885 | RM589 | RM1.70M |
| Aug 2024 | Condominium/Apartment | Freehold | 2,885 | RM728 | RM2.10M |
| Nov 2023 | Condominium/Apartment | Freehold | 2,885 | RM624 | RM1.80M |
| Jun 2022 | Condominium/Apartment | Freehold | 2,885 | RM676 | RM1.95M |
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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