LUCKY GARDEN (TAMAN BAHAGIA)

Timur Laut, Penang · Freehold · 10 transactions

Median Price

RM300K

RM275K – RM330K

Median PSF

RM442

RM405 – RM486

Transactions

10

2021-10 to 2025-05

Size Range

678 – 689

sq.ft (built-up)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for LUCKY GARDEN (TAMAN BAHAGIA)

Investment Return

Earliest PSF (2021)

RM501

Current PSF (2025)

RM434

Capital Gain

-13.2%

Total Return (est.)

0.7% p.a.

Capital appreciation (4 years)-13.2%
Annualised capital return-3.3% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)0.7% p.a.
vs Fixed Deposit (3.5% p.a. x 4yr)-11.2%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Market Verdict

PSF Trend: Declining

PSF moved from RM501 (2021) to RM434 (2025)

Liquidity: Low

10 transactions over 4 years (~3/year)

4% below Timur Laut average

This project: RM442 PSF vs Timur Laut median: RM459 PSF

Est. Total Return: 0.7% p.a. (below FD)

Capital loss (-3.3% p.a.) + rental yield (~4% p.a.)

Verdict

LUCKY GARDEN (TAMAN BAHAGIA) delivers a modest estimated total return of 0.7% p.a. — comprising -3.3% 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 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

Transaction History

Showing 5 of 10
DateTypeTenureSize (sqft)PSFPrice
May 2025FlatFreehold679RM434RM295K
Apr 2025FlatFreehold689RM396RM273K
Oct 2024FlatFreehold678RM398RM270K
Apr 2024FlatFreehold679RM486RM330K
Apr 2024FlatFreehold679RM501RM340K

5 more transactions hidden

Full Report Includes

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 10 records

3 interactive charts

Scatter, price & PSF vs Timur Laut & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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