Timur Laut, Penang · Freehold · 6 transactions
Estimated Market Value
Units (1130–1141 sqft) estimated at RM543K – RM548K based on median PSF of RM480/sqft (6 verified transactions)
-11.0%
since 2022
Median Price
RM548K
RM540K – RM556K
Median PSF
RM480
RM473 – RM491
Transactions
6
2022-07 to 2025-07
Size Range
1130 – 1141
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2025 | Condominium/Apartment | Freehold | 1,130 | RM438 | RM495K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,141 | RM473 | RM540K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,141 | RM473 | RM540K |
| Nov 2023 | Condominium/Apartment | Freehold | 1,141 | RM491 | RM560K |
| Aug 2023 | Condominium/Apartment | Freehold | 1,141 | RM480 | RM548K |
| Jul 2022 | Condominium/Apartment | Freehold | 1,130 | RM492 | RM556K |
MUTIARA PLACE · 6 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2022–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 6 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 MUTIARA PLACE
Earliest PSF (2022)
RM492
Current PSF (2025)
RM438
Capital Gain
-11.0%
Total Return (est.)
0.2% p.a.
| Capital appreciation (3 years) | -11.0% |
| Annualised capital return | -3.7% p.a. |
| Est. gross rental yield | 3.9% p.a. |
| Est. total return (capital + rental) | 0.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -9.8% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,800/mo
Rent Range
RM1500-2100
25th – 75th pct
Rent PSF
RM1.60
Est. Yield
3.9% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,500/mo |
| Semi Furnished | RM1,800/mo |
| Fully Furnished | RM2,300/mo |
*Estimated rental figures based on Penang district average gross yield (3.9%). Actual rents may vary.
PSF Trend: Declining
PSF moved from RM492 (2022) to RM438 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
9% above Timur Laut average
This project: RM480 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 0.2% p.a. (below FD)
Capital loss (-3.7% p.a.) + rental yield (~3.9% p.a.)
MUTIARA PLACE delivers a modest estimated total return of 0.2% p.a. — comprising -3.7% capital depreciation and ~3.9% rental yield over 3 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.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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