Timur Laut, Penang · Freehold · 4 transactions
Estimated Market Value
Units (1012–1055 sqft) estimated at RM537K – RM560K based on median PSF of RM531/sqft (4 verified transactions)
+20.0%
since 2023
Median Price
RM550K
RM500K – RM560K
Median PSF
RM531
RM494 – RM532
Transactions
4
2023-04 to 2026-01
Size Range
1012 – 1055
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2026 | Condominium/Apartment | Freehold | 1,012 | RM494 | RM500K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,055 | RM531 | RM560K |
| Feb 2024 | Condominium/Apartment | Freehold | 1,033 | RM532 | RM550K |
| Apr 2023 | Condominium/Apartment | Freehold | 1,044 | RM412 | RM430K |
MENARA ASAS · 4 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2023–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 4 transaction records
Complete data, filterable & sortable
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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Data-driven insights for MENARA ASAS
Earliest PSF (2023)
RM412
Current PSF (2026)
RM494
Capital Gain
+20.0%
Total Return (est.)
10.6% p.a.
| Capital appreciation (3 years) | +20.0% |
| Annualised capital return | +6.7% p.a. |
| Est. gross rental yield | 3.9% p.a. |
| Est. total return (capital + rental) | 10.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +21.2% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,800/mo
Rent Range
RM1500-2100
25th – 75th pct
Rent PSF
RM1.77
Est. Yield
3.9% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,500/mo |
| Semi Furnished | RM1,800/mo |
| Fully Furnished | RM2,300/mo |
*Estimated rental figures based on Penang district average gross yield (3.9%). Actual rents may vary.
PSF Trend: Appreciating
PSF moved from RM412 (2023) to RM494 (2026)
Liquidity: Low
4 transactions over 3 years (~1/year)
16% above Timur Laut average
This project: RM531 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: 10.6% p.a. (beats FD)
Capital gain (6.7% p.a.) + rental yield (~3.9% p.a.)
MENARA ASAS delivers a strong estimated total return of 10.6% p.a. — comprising +6.7% capital appreciation and ~3.9% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 16% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for capital gain seekers, long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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