Timur Laut, Penang · Freehold · 5 transactions
Estimated Market Value
Units (1541–2551 sqft) estimated at RM1.49M – RM2.46M based on median PSF of RM964/sqft (5 verified transactions)
-23.9%
since 2023
Median Price
RM1.15M
RM950K – RM1.76M
Median PSF
RM964
RM746 – RM980
Transactions
5
2023-06 to 2024-10
Size Range
1541 – 2551
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2024 | Shop Unit/Retail Lot | Freehold | — | — | RM300K |
| Sept 2024 | 2 - 2 1/2 Storey Shop | Freehold | 1,541 | RM746 | RM1.15M |
| Nov 2023 | Shop Unit/Retail Lot | Freehold | — | — | RM950K |
| Jul 2023 | 2 - 2 1/2 Storey Shop | Freehold | 1,826 | RM964 | RM1.76M |
| Jun 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,551 | RM980 | RM2.50M |
KAWASAN JALAN JELUTONG · 5 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2023–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 5 transaction records
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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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Earliest PSF (2023)
RM980
Current PSF (2024)
RM746
Capital Gain
-23.9%
Total Return (est.)
-19.9% p.a.
| Capital appreciation (1 years) | -23.9% |
| Annualised capital return | -23.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -19.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | -23.4% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM3,800/mo
Rent Range
RM3100-4500
25th – 75th pct
Rent PSF
RM3.21
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM3,200/mo |
| Semi Furnished | RM3,800/mo |
| Fully Furnished | RM4,800/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM980 (2023) to RM746 (2024)
Liquidity: Moderate
5 transactions over 1 years (~5/year)
111% above Timur Laut average
This project: RM964 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: -19.9% p.a. (below FD)
Capital loss (-23.9% p.a.) + rental yield (~4% p.a.)
KAWASAN JALAN JELUTONG delivers a modest estimated total return of -19.9% p.a. — comprising -23.9% capital depreciation and ~4% rental yield over 1 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 111% 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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