Timur Laut, Penang · Leasehold · 29 transactions
Median Price
RM300K
RM290K – RM318K
Median PSF
RM344
RM333 – RM357
Transactions
29
2021-08 to 2025-04
Size Range
872 – 1787
sq.ft (built-up)
Data-driven insights for MEWAH COURT
Earliest PSF (2021)
RM340
Current PSF (2025)
RM365
Capital Gain
+7.3%
Total Return (est.)
5.8% p.a.
| Capital appreciation (4 years) | +7.3% |
| Annualised capital return | +1.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +9.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 13 | RM300K | RM344 |
| 900 sqft | 15 | RM300K | RM340 |
PSF Trend: Stable
PSF moved from RM340 (2021) to RM365 (2025)
Liquidity: Moderate
29 transactions over 4 years (~7/year)
25% below Timur Laut average
This project: RM344 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.8% p.a. (beats FD)
Capital gain (1.8% p.a.) + rental yield (~4% p.a.)
MEWAH COURT delivers a moderate estimated total return of 5.8% p.a. — comprising +1.8% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 25% below the Timur Laut average — potentially undervalued.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Flat | Leasehold | 872 | RM365 | RM318K |
| Aug 2024 | Flat | Leasehold | 872 | RM344 | RM300K |
| Jul 2024 | Flat | Leasehold | 872 | RM333 | RM290K |
| Jun 2024 | Flat | Leasehold | 872 | RM390 | RM340K |
| Nov 2023 | Flat | Leasehold | 883 | RM351 | RM310K |
24 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 29 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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