Timur Laut, Penang · Freehold · 12 transactions
Median Price
RM750K
RM730K – RM1.10M
Median PSF
RM591
RM540 – RM624
Transactions
12
2021-12 to 2023-12
Size Range
1100 – 2500
sq.ft (built-up)
Data-driven insights for ISLAND RESORT
Earliest PSF (2021)
RM573
Current PSF (2023)
RM586
Capital Gain
+2.2%
Total Return (est.)
5.1% p.a.
| Capital appreciation (2 years) | +2.2% |
| Annualised capital return | +1.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +3.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,100 sqft | 5 | RM660K | RM600 |
| 1,250 sqft | 3 | RM750K | RM600 |
| 2,500 sqft | 4 | RM1.20M | RM480 |
PSF Trend: Stable
PSF moved from RM573 (2021) to RM586 (2023)
Liquidity: Moderate
12 transactions over 2 years (~6/year)
29% above Timur Laut average
This project: RM591 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.1% p.a. (beats FD)
Capital gain (1.1% p.a.) + rental yield (~4% p.a.)
ISLAND RESORT delivers a moderate estimated total return of 5.1% p.a. — comprising +1.1% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 29% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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 |
|---|---|---|---|---|---|
| Dec 2023 | Condominium/Apartment | Freehold | 2,500 | RM440 | RM1.10M |
| Dec 2023 | Condominium/Apartment | Freehold | 2,500 | RM540 | RM1.35M |
| Oct 2023 | Condominium/Apartment | Freehold | 1,100 | RM682 | RM750K |
| Aug 2023 | Condominium/Apartment | Freehold | 1,250 | RM586 | RM732K |
| Jun 2023 | Condominium/Apartment | Freehold | 1,100 | RM600 | RM660K |
7 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 12 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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