ISLAND GLADES 2/T JLN/LOR. DELIMA
Timur Laut, Penang · Freehold · 25 transactions
Median Price
RM998K
RM880K – RM1.20M
Median PSF
RM793
RM695 – RM940
Transactions
25
2021-11 to 2025-11
Size Range
818 – 1905
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for ISLAND GLADES 2/T JLN/LOR. DELIMA
Investment Return
Earliest PSF (2021)
RM527
Current PSF (2025)
RM799
Capital Gain
+51.5%
Total Return (est.)
16.9% p.a.
| Capital appreciation (4 years) | +51.5% |
| Annualised capital return | +12.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 16.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +53.5% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 900 sqft | 4 | RM850K | RM940 |
| 1,250 sqft | 2 | RM1.50M | RM1191 |
| 1,300 sqft | 4 | RM1.05M | RM793 |
| 1,400 sqft | 4 | RM1.00M | RM704 |
| 1,650 sqft | 3 | RM1.20M | RM719 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM527 (2021) to RM799 (2025)
Liquidity: Moderate
25 transactions over 4 years (~6/year)
73% above Timur Laut average
This project: RM793 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 16.9% p.a. (beats FD)
Capital gain (12.9% p.a.) + rental yield (~4% p.a.)
Verdict
ISLAND GLADES 2/T JLN/LOR. DELIMA delivers a strong estimated total return of 16.9% p.a. — comprising +12.9% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 73% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 25| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,475 | RM780 | RM1.15M |
| Jul 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,249 | RM799 | RM998K |
| Aug 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM995 | RM900K |
| Jul 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,378 | RM944 | RM1.30M |
| Mar 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,259 | RM1191 | RM1.50M |
20 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 25 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.