Timur Laut, Penang ยท Freehold ยท 6 transactions
Median Price
RM500K
RM480K โ RM545K
Median PSF
RM427
RM405 โ RM460
Transactions
6
2022-01 to 2025-07
Size Range
797 โ 1313
sq.ft (built-up)
Data-driven insights for LEISURE BAY
Earliest PSF (2022)
RM460
Current PSF (2025)
RM421
Capital Gain
-8.4%
Total Return (est.)
1.2% p.a.
| Capital appreciation (3 years) | -8.4% |
| Annualised capital return | -2.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -6.9% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM460 (2022) to RM421 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
7% below Timur Laut average
This project: RM427 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 1.2% p.a. (below FD)
Capital loss (-2.8% p.a.) + rental yield (~4% p.a.)
LEISURE BAY delivers a modest estimated total return of 1.2% p.a. โ comprising -2.8% 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 in line with the Timur Laut average, suggesting fair market pricing. 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 |
|---|---|---|---|---|---|
| Jul 2025 | Condominium/Apartment | Freehold | 1,184 | RM421 | RM499K |
| Jul 2025 | Condominium/Apartment | Freehold | 1,313 | RM381 | RM500K |
| Nov 2024 | Condominium/Apartment | Freehold | 797 | RM427 | RM340K |
| Jul 2022 | Condominium/Apartment | Freehold | 1,184 | RM405 | RM480K |
| May 2022 | Condominium/Apartment | Freehold | 1,184 | RM490 | RM580K |
1 more transactions hidden
Complete NAPIC transaction data with trend analysis โ 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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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