Seberang Perai Tengah, Penang · Freehold · 12 transactions
Estimated Market Value
Units (2303–5651 sqft) estimated at RM1.37M – RM3.37M based on median PSF of RM596/sqft (12 verified transactions)
-49.6%
since 2022
Median Price
RM1.88M
RM1.48M – RM2.95M
Median PSF
RM596
RM444 – RM1183
Transactions
12
2022-01 to 2024-10
Size Range
2303 – 5651
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2024 | Semi-Detached Factory/Warehouse | Freehold | 2,852 | RM694 | RM1.98M |
| Sept 2024 | Semi-Detached Factory/Warehouse | Freehold | 4,198 | RM460 | RM1.93M |
| Jul 2024 | Semi-Detached Factory/Warehouse | Freehold | 3,154 | RM596 | RM1.88M |
| Dec 2023 | Semi-Detached Factory/Warehouse | Freehold | 3,337 | RM414 | RM1.38M |
| Oct 2023 | Semi-Detached Factory/Warehouse | Freehold | 2,852 | RM642 | RM1.83M |
| Jul 2023 | Terraced Factory/Warehouse | Freehold | 3,089 | RM271 | RM838K |
| Nov 2022 | Detached Factory/Warehouse | Freehold | 5,651 | RM1183 | RM6.69M |
| Oct 2022 | Semi-Detached Factory/Warehouse | Freehold | 2,303 | RM1281 | RM2.95M |
4 more transactions hidden
IJM · 12 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Seberang Perai Tengah average
All 12 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Seberang Perai Tengah & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for IJM
Earliest PSF (2022)
RM1183
Current PSF (2024)
RM596
Capital Gain
-49.6%
Total Return (est.)
-20.8% p.a.
| Capital appreciation (2 years) | -49.6% |
| Annualised capital return | -24.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -20.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -48.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM6,300/mo
Rent Range
RM5200-7400
25th – 75th pct
Rent PSF
RM1.99
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM5,400/mo |
| Semi Furnished | RM6,300/mo |
| Fully Furnished | RM7,900/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 2,850 sqft | 2 | RM1.98M | RM694 |
| 3,100 sqft | 2 | RM1.20M | RM388 |
| 3,350 sqft | 3 | RM1.48M | RM444 |
PSF Trend: Declining
PSF moved from RM1183 (2022) to RM596 (2024)
Liquidity: Moderate
12 transactions over 2 years (~6/year)
68% above Seberang Perai Tengah average
This project: RM596 PSF vs Seberang Perai Tengah median: RM355 PSF
Est. Total Return: -20.8% p.a. (below FD)
Capital loss (-24.8% p.a.) + rental yield (~4% p.a.)
IJM delivers a modest estimated total return of -20.8% p.a. — comprising -24.8% 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 at a significant 68% premium over the Seberang Perai Tengah average — upside may be limited unless the area appreciates. 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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