Timur Laut, Penang · Freehold · 16 transactions
Estimated Market Value
Units (1352–2266 sqft) estimated at RM960K – RM1.61M based on median PSF of RM710/sqft (16 verified transactions)
+1.6%
since 2021
Median Price
RM1.18M
RM920K – RM1.27M
Median PSF
RM710
RM662 – RM765
Transactions
16
2021-11 to 2024-11
Size Range
1352 – 2266
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2024 | Condominium/Apartment | Freehold | 1,635 | RM697 | RM1.14M |
| Oct 2024 | Condominium/Apartment | Freehold | 1,635 | RM765 | RM1.25M |
| Sept 2024 | Condominium/Apartment | Freehold | 1,635 | RM722 | RM1.18M |
| Aug 2023 | Condominium/Apartment | Freehold | 1,635 | RM776 | RM1.27M |
| Apr 2023 | Condominium/Apartment | Freehold | 1,352 | RM673 | RM910K |
| Mar 2023 | Condominium/Apartment | Freehold | 2,266 | RM662 | RM1.50M |
| May 2022 | Condominium/Apartment | Freehold | 1,352 | RM612 | RM828K |
| May 2022 | Condominium/Apartment | Freehold | 1,814 | RM799 | RM1.45M |
8 more transactions hidden
MIRA RESIDENCE · 16 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 16 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 MIRA RESIDENCE
Earliest PSF (2021)
RM710
Current PSF (2024)
RM722
Capital Gain
+1.6%
Total Return (est.)
4.5% p.a.
| Capital appreciation (3 years) | +1.6% |
| 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 3yr) | +3.1% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM3,900/mo
Rent Range
RM3200-4600
25th – 75th pct
Rent PSF
RM2.37
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM3,300/mo |
| Semi Furnished | RM3,900/mo |
| Fully Furnished | RM4,900/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,350 sqft | 6 | RM920K | RM681 |
| 1,650 sqft | 7 | RM1.24M | RM758 |
PSF Trend: Stable
PSF moved from RM710 (2021) to RM722 (2024)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
61% above Timur Laut average
This project: RM710 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 4.5% p.a. (beats FD)
Capital gain (0.5% p.a.) + rental yield (~4% p.a.)
MIRA RESIDENCE delivers a moderate estimated total return of 4.5% p.a. — comprising +0.5% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 61% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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