IXORA HEIGHTS APARTMENTS
Timur Laut, Penang · Freehold · 8 transactions
Median Price
RM460K
RM430K – RM540K
Median PSF
RM528
RM493 – RM619
Transactions
8
2022-03 to 2025-11
Size Range
872 – 936
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for IXORA HEIGHTS APARTMENTS
Investment Return
Earliest PSF (2022)
RM568
Current PSF (2025)
RM493
Capital Gain
-13.1%
Total Return (est.)
-0.4% p.a.
| Capital appreciation (3 years) | -13.1% |
| Annualised capital return | -4.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -0.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -11.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Declining
PSF moved from RM568 (2022) to RM493 (2025)
Liquidity: Low
8 transactions over 3 years (~3/year)
15% above Timur Laut average
This project: RM528 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -0.4% p.a. (below FD)
Capital loss (-4.4% p.a.) + rental yield (~4% p.a.)
Verdict
IXORA HEIGHTS APARTMENTS delivers a modest estimated total return of -0.4% p.a. — comprising -4.4% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 15% 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
Transaction History
Showing 5 of 8| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 872 | RM493 | RM430K |
| Sept 2024 | Condominium/Apartment | Freehold | 872 | RM461 | RM402K |
| Nov 2023 | Condominium/Apartment | Freehold | 872 | RM493 | RM430K |
| Aug 2023 | Condominium/Apartment | Freehold | 872 | RM623 | RM543K |
| Apr 2023 | Condominium/Apartment | Freehold | 936 | RM481 | RM450K |
3 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 8 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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