Timur Laut, Penang · Freehold · 6 transactions
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)
Data-driven insights for MUTIARA PLACE
Earliest PSF (2022)
RM492
Current PSF (2025)
RM438
Capital Gain
-11.0%
Total Return (est.)
0.3% p.a.
| Capital appreciation (3 years) | -11.0% |
| Annualised capital return | -3.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 0.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -9.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Declining
PSF moved from RM492 (2022) to RM438 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
5% above Timur Laut average
This project: RM480 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 0.3% p.a. (below FD)
Capital loss (-3.7% p.a.) + rental yield (~4% p.a.)
MUTIARA PLACE delivers a modest estimated total return of 0.3% p.a. — comprising -3.7% 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 in line with the Timur Laut average, suggesting fair market pricing. 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 |
|---|---|---|---|---|---|
| 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 |
1 more transactions hidden
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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.