Timur Laut, Penang · Freehold · 8 transactions
Estimated Market Value
Units (1866–4730 sqft) estimated at RM1.53M – RM3.87M based on median PSF of RM819/sqft (8 verified transactions)
-29.4%
since 2022
Median Price
RM2.03M
RM1.70M – RM2.30M
Median PSF
RM819
RM583 – RM870
Transactions
8
2022-02 to 2024-10
Size Range
1866 – 4730
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2024 | 3 - 3 1/2 Storey Shop | Freehold | 3,905 | RM538 | RM2.10M |
| Apr 2024 | 2 - 2 1/2 Storey Shop | Freehold | 1,866 | RM965 | RM1.80M |
| Jan 2024 | 3 - 3 1/2 Storey Shop | Freehold | 4,598 | RM583 | RM2.68M |
| Nov 2023 | 2 - 2 1/2 Storey Shop | Freehold | 1,954 | RM819 | RM1.60M |
| Apr 2023 | 3 - 3 1/2 Storey Shop | Freehold | 4,730 | RM486 | RM2.30M |
| Aug 2022 | 2 - 2 1/2 Storey Shop | Freehold | 1,982 | RM826 | RM1.64M |
| Feb 2022 | 1 - 1 1/2 Storey Shop | Freehold | 1,954 | RM870 | RM1.70M |
| Feb 2022 | 2 - 2 1/2 Storey Shop | Freehold | 2,515 | RM807 | RM2.03M |
JALAN JELUTONG · 8 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2022–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 8 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Best value
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Data-driven insights for JALAN JELUTONG
Earliest PSF (2022)
RM826
Current PSF (2024)
RM583
Capital Gain
-29.4%
Total Return (est.)
-10.7% p.a.
| Capital appreciation (2 years) | -29.4% |
| Annualised capital return | -14.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -10.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -28.4% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM6,800/mo
Rent Range
RM5600-8000
25th – 75th pct
Rent PSF
RM2.73
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM5,800/mo |
| Semi Furnished | RM6,800/mo |
| Fully Furnished | RM8,500/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM826 (2022) to RM583 (2024)
Liquidity: Low
8 transactions over 2 years (~4/year)
79% above Timur Laut average
This project: RM819 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: -10.7% p.a. (below FD)
Capital loss (-14.7% p.a.) + rental yield (~4% p.a.)
JALAN JELUTONG delivers a modest estimated total return of -10.7% p.a. — comprising -14.7% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 79% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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