HILLKREAST RESIDENCE
Timur Laut, Penang · Leasehold · 11 transactions
Median Price
RM850K
RM820K – RM900K
Median PSF
RM383
RM362 – RM420
Transactions
11
2022-01 to 2024-09
Size Range
1722 – 2293
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for HILLKREAST RESIDENCE
Investment Return
Earliest PSF (2022)
RM358
Current PSF (2024)
RM394
Capital Gain
+10.3%
Total Return (est.)
9.1% p.a.
| Capital appreciation (2 years) | +10.3% |
| Annualised capital return | +5.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 9.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +11.3% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Appreciating
PSF moved from RM358 (2022) to RM394 (2024)
Liquidity: Moderate
11 transactions over 2 years (~6/year)
16% below Timur Laut average
This project: RM383 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 9.1% p.a. (beats FD)
Capital gain (5.1% p.a.) + rental yield (~4% p.a.)
Verdict
HILLKREAST RESIDENCE delivers a strong estimated total return of 9.1% p.a. — comprising +5.1% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 16% below the Timur Laut average — potentially undervalued. Best suited for capital gain seekers.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 11| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | Condominium/Apartment | Leasehold | 2,282 | RM383 | RM875K |
| Jun 2024 | Condominium/Apartment | Leasehold | 2,282 | RM526 | RM1.20M |
| Apr 2024 | Condominium/Apartment | Leasehold | 2,293 | RM362 | RM830K |
| Feb 2024 | Condominium/Apartment | Leasehold | 2,282 | RM420 | RM958K |
| Feb 2024 | Condominium/Apartment | Leasehold | 2,282 | RM394 | RM900K |
6 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 11 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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