Timur Laut, Penang · Freehold · 9 transactions
Median Price
RM500K
RM480K – RM525K
Median PSF
RM414
RM394 – RM444
Transactions
9
2022-03 to 2024-10
Size Range
1012 – 1668
sq.ft (built-up)
Data-driven insights for MENARA GREENVIEW
Earliest PSF (2022)
RM414
Current PSF (2024)
RM430
Capital Gain
+3.7%
Total Return (est.)
5.9% p.a.
| Capital appreciation (2 years) | +3.7% |
| Annualised capital return | +1.9% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +4.7% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,000 sqft | 2 | RM470K | RM465 |
| 1,250 sqft | 5 | RM500K | RM404 |
PSF Trend: Stable
PSF moved from RM414 (2022) to RM430 (2024)
Liquidity: Low
9 transactions over 2 years (~5/year)
10% below Timur Laut average
This project: RM414 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.9% p.a. (beats FD)
Capital gain (1.9% p.a.) + rental yield (~4% p.a.)
MENARA GREENVIEW delivers a moderate estimated total return of 5.9% p.a. — comprising +1.9% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. 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 |
|---|---|---|---|---|---|
| Oct 2024 | Condominium/Apartment | Freehold | 1,668 | RM450 | RM750K |
| May 2024 | Condominium/Apartment | Freehold | 1,012 | RM430 | RM435K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,238 | RM404 | RM500K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,378 | RM381 | RM525K |
| Jun 2023 | Condominium/Apartment | Freehold | 1,238 | RM444 | RM550K |
4 more transactions hidden
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 9 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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