Timur Laut, Penang · Freehold · 5 transactions
Estimated Market Value
Units (2562–4510 sqft) estimated at RM1.87M – RM3.29M based on median PSF of RM729/sqft (5 verified transactions)
-47.0%
since 2021
Median Price
RM1.87M
RM1.87M – RM1.87M
Median PSF
RM729
RM627 – RM729
Transactions
5
2021-11 to 2023-11
Size Range
2562 – 4510
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 4,510 | RM333 | RM1.50M |
| Oct 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,562 | RM729 | RM1.87M |
| Aug 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,562 | RM729 | RM1.87M |
| May 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,562 | RM729 | RM1.87M |
| Nov 2021 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,455 | RM627 | RM2.17M |
MINDEN RESIDENCE · 5 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2023 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 5 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
Data-driven insights for MINDEN RESIDENCE
Earliest PSF (2021)
RM627
Current PSF (2023)
RM333
Capital Gain
-47.0%
Total Return (est.)
-19.5% p.a.
| Capital appreciation (2 years) | -47.0% |
| Annualised capital return | -23.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -19.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -46.0% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM6,200/mo
Rent Range
RM5100-7300
25th – 75th pct
Rent PSF
RM2.43
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM5,300/mo |
| Semi Furnished | RM6,200/mo |
| Fully Furnished | RM7,800/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM627 (2021) to RM333 (2023)
Liquidity: Low
5 transactions over 2 years (~3/year)
66% above Timur Laut average
This project: RM729 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: -19.5% p.a. (below FD)
Capital loss (-23.5% p.a.) + rental yield (~4% p.a.)
MINDEN RESIDENCE delivers a modest estimated total return of -19.5% p.a. — comprising -23.5% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades at a significant 66% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders.
Full investment analysis locked
ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
One-time payment · Instant access · No subscription
Compare with another scheme
Side-by-side PSF, ROI and price trends
Looking for new launches in Timur Laut?
Browse developer prices and floor plans