Timur Laut, Penang · Freehold · 32 transactions
Median Price
RM1.15M
RM880K – RM1.55M
Median PSF
RM685
RM581 – RM829
Transactions
32
2021-11 to 2025-08
Size Range
797 – 7266
sq.ft (built-up)
Data-driven insights for JLN AIR ITAM
Earliest PSF (2021)
RM907
Current PSF (2025)
RM774
Capital Gain
-14.7%
Total Return (est.)
0.3% p.a.
| Capital appreciation (4 years) | -14.7% |
| Annualised capital return | -3.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -12.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,150 sqft | 2 | RM1.40M | RM1193 |
| 1,300 sqft | 4 | RM930K | RM708 |
| 1,350 sqft | 2 | RM1.10M | RM824 |
| 1,400 sqft | 3 | RM1.25M | RM907 |
| 1,750 sqft | 4 | RM1.20M | RM680 |
| 1,850 sqft | 2 | RM3.33M | RM1820 |
PSF Trend: Declining
PSF moved from RM907 (2021) to RM774 (2025)
Liquidity: Moderate
32 transactions over 4 years (~8/year)
49% above Timur Laut average
This project: RM685 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 0.3% p.a. (below FD)
Capital loss (-3.7% p.a.) + rental yield (~4% p.a.)
JLN AIR ITAM delivers a modest estimated total return of 0.3% p.a. — comprising -3.7% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 49% 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 |
|---|---|---|---|---|---|
| Aug 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,550 | RM581 | RM900K |
| Jul 2025 | Detached | Freehold | 1,755 | RM1852 | RM3.25M |
| Feb 2025 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 1,163 | RM774 | RM900K |
| Nov 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,464 | RM593 | RM868K |
| Sept 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,154 | RM508 | RM1.60M |
27 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 32 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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