Timur Laut, Penang · Freehold · 5 transactions
Median Price
RM3.30M
RM1.90M – RM3.70M
Median PSF
RM1327
RM965 – RM1514
Transactions
5
2022-03 to 2024-03
Size Range
1970 – 2486
sq.ft (built-up)
Data-driven insights for ISLAND GLADES 2/TSD/ SSB
Earliest PSF (2022)
RM965
Current PSF (2024)
RM1327
Capital Gain
+37.6%
Total Return (est.)
22.8% p.a.
| Capital appreciation (2 years) | +37.6% |
| Annualised capital return | +18.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 22.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +38.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM965 (2022) to RM1327 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
189% above Timur Laut average
This project: RM1327 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 22.8% p.a. (beats FD)
Capital gain (18.8% p.a.) + rental yield (~4% p.a.)
ISLAND GLADES 2/TSD/ SSB delivers a strong estimated total return of 22.8% p.a. — comprising +18.8% 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 at a significant 189% 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
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Mar 2024 | Detached | Freehold | 2,486 | RM1327 | RM3.30M |
| Mar 2023 | Detached | Freehold | 2,486 | RM1568 | RM3.90M |
| Jan 2023 | Detached | Freehold | 2,443 | RM1514 | RM3.70M |
| Aug 2022 | Detached | Freehold | 1,970 | RM965 | RM1.90M |
| Mar 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,142 | RM864 | RM1.85M |
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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