MELODY HOMES
Timur Laut, Penang · Freehold · 31 transactions
Median Price
RM350K
RM315K – RM380K
Median PSF
RM493
RM444 – RM529
Transactions
31
2022-03 to 2025-09
Size Range
700 – 743
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for MELODY HOMES
Investment Return
Earliest PSF (2022)
RM512
Current PSF (2025)
RM457
Capital Gain
-10.6%
Total Return (est.)
0.5% p.a.
| Capital appreciation (3 years) | -10.6% |
| Annualised capital return | -3.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -9.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 22 | RM348K | RM497 |
| 750 sqft | 9 | RM365K | RM491 |
Market Verdict
PSF Trend: Declining
PSF moved from RM512 (2022) to RM457 (2025)
Liquidity: Moderate
31 transactions over 3 years (~10/year)
7% above Timur Laut average
This project: RM493 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 0.5% p.a. (below FD)
Capital loss (-3.5% p.a.) + rental yield (~4% p.a.)
Verdict
MELODY HOMES delivers a modest estimated total return of 0.5% p.a. — comprising -3.5% 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, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 31| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2025 | Flat | Freehold | 743 | RM404 | RM300K |
| Jul 2025 | Flat | Freehold | 700 | RM600 | RM420K |
| Jul 2025 | Flat | Freehold | 700 | RM457 | RM320K |
| Jul 2025 | Flat | Freehold | 700 | RM443 | RM310K |
| Aug 2024 | Flat | Freehold | 700 | RM436 | RM305K |
26 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 31 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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