Timur Laut, Penang · Freehold · 26 transactions
Median Price
RM1.18M
RM870K – RM1.35M
Median PSF
RM798
RM706 – RM945
Transactions
26
2021-12 to 2025-07
Size Range
904 – 2207
sq.ft (built-up)
Data-driven insights for ISLAND GLADES
Earliest PSF (2021)
RM894
Current PSF (2025)
RM798
Capital Gain
-10.7%
Total Return (est.)
1.3% p.a.
| Capital appreciation (4 years) | -10.7% |
| Annualised capital return | -2.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -8.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 900 sqft | 5 | RM808K | RM894 |
| 950 sqft | 2 | RM1.03M | RM1063 |
| 1,250 sqft | 3 | RM865K | RM693 |
| 1,300 sqft | 2 | RM904K | RM706 |
| 1,500 sqft | 2 | RM1.25M | RM835 |
| 1,700 sqft | 2 | RM1.35M | RM784 |
PSF Trend: Declining
PSF moved from RM894 (2021) to RM798 (2025)
Liquidity: Moderate
26 transactions over 4 years (~7/year)
74% above Timur Laut average
This project: RM798 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 1.3% p.a. (below FD)
Capital loss (-2.7% p.a.) + rental yield (~4% p.a.)
ISLAND GLADES delivers a modest estimated total return of 1.3% p.a. — comprising -2.7% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 74% 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 |
|---|---|---|---|---|---|
| Jul 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,733 | RM798 | RM1.38M |
| May 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,981 | RM656 | RM1.30M |
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,389 | RM720 | RM1.00M |
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,249 | RM681 | RM850K |
| Aug 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,249 | RM693 | RM865K |
21 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 26 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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