Timur Laut, Penang · Freehold · 12 transactions
Median Price
RM40K
RM30K – RM70K
Median PSF
RM58
RM48 – RM100
Transactions
12
2022-08 to 2024-11
Size Range
280 – 947
sq.ft (built-up)
Data-driven insights for JLN MOUNT ERSKINE
Earliest PSF (2022)
RM100
Current PSF (2024)
RM50
Capital Gain
-49.5%
Total Return (est.)
-20.8% p.a.
| Capital appreciation (2 years) | -49.5% |
| Annualised capital return | -24.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -20.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -48.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 500 sqft | 2 | RM94K | RM186 |
| 800 sqft | 4 | RM40K | RM50 |
PSF Trend: Declining
PSF moved from RM100 (2022) to RM50 (2024)
Liquidity: Moderate
12 transactions over 2 years (~6/year)
87% below Timur Laut average
This project: RM58 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -20.8% p.a. (below FD)
Capital loss (-24.8% p.a.) + rental yield (~4% p.a.)
JLN MOUNT ERSKINE delivers a modest estimated total return of -20.8% p.a. — comprising -24.8% 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 87% below the Timur Laut average — potentially undervalued. 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 |
|---|---|---|---|---|---|
| Nov 2024 | Detached | Freehold | 797 | RM50 | RM40K |
| Sept 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 797 | RM38 | RM30K |
| Sept 2024 | Detached | Freehold | 280 | RM82 | RM23K |
| Jul 2024 | Detached | Freehold | 840 | RM48 | RM40K |
| May 2024 | Detached | Freehold | 635 | RM110 | RM70K |
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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