MIDLANDS CONDO
Timur Laut, Penang · Freehold · 19 transactions
Median Price
RM360K
RM350K – RM400K
Median PSF
RM465
RM445 – RM483
Transactions
19
2021-10 to 2025-10
Size Range
764 – 829
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for MIDLANDS CONDO
Investment Return
Earliest PSF (2021)
RM489
Current PSF (2025)
RM465
Capital Gain
-5.0%
Total Return (est.)
2.7% p.a.
| Capital appreciation (4 years) | -5.0% |
| Annualised capital return | -1.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -3.0% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 750 sqft | 9 | RM360K | RM471 |
| 800 sqft | 7 | RM380K | RM465 |
| 850 sqft | 3 | RM360K | RM434 |
Market Verdict
PSF Trend: Stable
PSF moved from RM489 (2021) to RM465 (2025)
Liquidity: Low
19 transactions over 4 years (~5/year)
1% above Timur Laut average
This project: RM465 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.7% p.a. (below FD)
Capital loss (-1.3% p.a.) + rental yield (~4% p.a.)
Verdict
MIDLANDS CONDO delivers a modest estimated total return of 2.7% p.a. — comprising -1.3% 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 19| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2025 | Condominium/Apartment | Freehold | 818 | RM489 | RM400K |
| Aug 2025 | Condominium/Apartment | Freehold | 818 | RM465 | RM380K |
| Jan 2025 | Condominium/Apartment | Freehold | 818 | RM465 | RM380K |
| May 2024 | Condominium/Apartment | Freehold | 764 | RM416 | RM318K |
| Jan 2024 | Condominium/Apartment | Freehold | 764 | RM471 | RM360K |
14 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 19 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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