Timur Laut, Penang · Freehold · 10 transactions
Estimated Market Value
Units (1055–3100 sqft) estimated at RM535K – RM1.57M based on median PSF of RM507/sqft (10 verified transactions)
-6.9%
since 2022
Median Price
RM600K
RM520K – RM648K
Median PSF
RM507
RM481 – RM516
Transactions
10
2022-03 to 2025-12
Size Range
1055 – 3100
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Dec 2025 | Condominium/Apartment | Freehold | 1,249 | RM481 | RM600K |
| Nov 2024 | Condominium/Apartment | Freehold | 1,281 | RM507 | RM650K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,076 | RM581 | RM625K |
| Mar 2023 | Condominium/Apartment | Freehold | 1,055 | RM469 | RM495K |
| Mar 2023 | Condominium/Apartment | Freehold | 1,076 | RM509 | RM548K |
| Feb 2023 | Condominium/Apartment | Freehold | 1,249 | RM481 | RM600K |
| Dec 2022 | Condominium/Apartment | Freehold | 1,055 | RM474 | RM500K |
| Dec 2022 | Condominium/Apartment | Freehold | 1,249 | RM519 | RM648K |
2 more transactions hidden
GRAND OCEAN APARTMENT · 10 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 10 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for GRAND OCEAN APARTMENT
Earliest PSF (2022)
RM516
Current PSF (2025)
RM481
Capital Gain
-6.9%
Total Return (est.)
1.7% p.a.
| Capital appreciation (3 years) | -6.9% |
| Annualised capital return | -2.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -5.4% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,000/mo
Rent Range
RM1600-2400
25th – 75th pct
Rent PSF
RM1.69
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,700/mo |
| Semi Furnished | RM2,000/mo |
| Fully Furnished | RM2,500/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,050 sqft | 2 | RM500K | RM474 |
| 1,100 sqft | 3 | RM548K | RM509 |
| 1,250 sqft | 3 | RM600K | RM481 |
PSF Trend: Stable
PSF moved from RM516 (2022) to RM481 (2025)
Liquidity: Low
10 transactions over 3 years (~3/year)
15% above Timur Laut average
This project: RM507 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 1.7% p.a. (below FD)
Capital loss (-2.3% p.a.) + rental yield (~4% p.a.)
GRAND OCEAN APARTMENT delivers a modest estimated total return of 1.7% p.a. — comprising -2.3% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 15% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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