Timur Laut, Penang ยท Freehold ยท 8 transactions
Median Price
RM1.58M
RM1.45M โ RM2.00M
Median PSF
RM713
RM654 โ RM727
Transactions
8
2021-10 to 2025-11
Size Range
2217 โ 2745
sq.ft (built-up)
Data-driven insights for MINDEN GARDENS RESIDENCE
Earliest PSF (2021)
RM713
Current PSF (2025)
RM727
Capital Gain
+2.0%
Total Return (est.)
4.5% p.a.
| Capital appreciation (4 years) | +2.0% |
| Annualised capital return | +0.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +4.0% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 2,200 sqft | 6 | RM1.50M | RM676 |
| 2,750 sqft | 2 | RM2.10M | RM765 |
PSF Trend: Stable
PSF moved from RM713 (2021) to RM727 (2025)
Liquidity: Low
8 transactions over 4 years (~2/year)
55% above Timur Laut average
This project: RM713 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.5% p.a. (beats FD)
Capital gain (0.5% p.a.) + rental yield (~4% p.a.)
MINDEN GARDENS RESIDENCE delivers a moderate estimated total return of 4.5% p.a. โ comprising +0.5% 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 at a significant 55% premium over the Timur Laut average โ upside may be limited unless the area appreciates. 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 |
|---|---|---|---|---|---|
| Nov 2025 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,745 | RM727 | RM2.00M |
| May 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 2,217 | RM676 | RM1.50M |
| Apr 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 2,217 | RM713 | RM1.58M |
| Jan 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,745 | RM765 | RM2.10M |
| Jan 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 2,217 | RM640 | RM1.42M |
3 more transactions hidden
Complete NAPIC transaction data with trend analysis โ 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 8 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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