MOUNT EVERGREEN
Timur Laut, Penang · Freehold · 7 transactions
Median Price
RM465K
RM428K – RM650K
Median PSF
RM536
RM457 – RM694
Transactions
7
2021-12 to 2024-08
Size Range
840 – 1001
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for MOUNT EVERGREEN
Investment Return
Earliest PSF (2021)
RM457
Current PSF (2024)
RM443
Capital Gain
-3.1%
Total Return (est.)
3.0% p.a.
| Capital appreciation (3 years) | -3.1% |
| Annualised capital return | -1.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -1.6% |
*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 |
|---|---|---|---|
| 850 sqft | 2 | RM465K | RM554 |
| 950 sqft | 4 | RM650K | RM694 |
Market Verdict
PSF Trend: Stable
PSF moved from RM457 (2021) to RM443 (2024)
Liquidity: Low
7 transactions over 3 years (~2/year)
17% above Timur Laut average
This project: RM536 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 3.0% p.a. (below FD)
Capital loss (-1.0% p.a.) + rental yield (~4% p.a.)
Verdict
MOUNT EVERGREEN delivers a modest estimated total return of 3.0% p.a. — comprising -1.0% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 17% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 7| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2024 | Town House | Freehold | 926 | RM443 | RM410K |
| Jun 2023 | Town House | Freehold | 936 | RM694 | RM650K |
| Jun 2023 | Town House | Freehold | 936 | RM694 | RM650K |
| May 2023 | Town House | Freehold | 840 | RM554 | RM465K |
| Jan 2023 | Town House | Freehold | 1,001 | RM465 | RM465K |
2 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 7 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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