Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM540K
RM490K – RM560K
Median PSF
RM465
RM417 – RM465
Transactions
6
2021-10 to 2024-04
Size Range
1055 – 1464
sq.ft (built-up)
Data-driven insights for MUTIARA VIEW
Earliest PSF (2021)
RM417
Current PSF (2024)
RM465
Capital Gain
+11.4%
Total Return (est.)
7.8% p.a.
| Capital appreciation (3 years) | +11.4% |
| Annualised capital return | +3.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 7.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +12.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,050 sqft | 4 | RM490K | RM465 |
| 1,450 sqft | 2 | RM670K | RM458 |
PSF Trend: Appreciating
PSF moved from RM417 (2021) to RM465 (2024)
Liquidity: Low
6 transactions over 3 years (~2/year)
1% above Timur Laut average
This project: RM465 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 7.8% p.a. (beats FD)
Capital gain (3.8% p.a.) + rental yield (~4% p.a.)
MUTIARA VIEW delivers a strong estimated total return of 7.8% p.a. — comprising +3.8% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2024 | Condominium/Apartment | Freehold | 1,055 | RM465 | RM490K |
| Feb 2024 | Condominium/Apartment | Freehold | 1,464 | RM458 | RM670K |
| Dec 2022 | Condominium/Apartment | Freehold | 1,055 | RM465 | RM490K |
| Oct 2022 | Condominium/Apartment | Freehold | 1,464 | RM369 | RM540K |
| May 2022 | Condominium/Apartment | Freehold | 1,055 | RM531 | RM560K |
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
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