Timur Laut, Penang · Leasehold · 29 transactions
Estimated Market Value
Units (872–1227 sqft) estimated at RM437K – RM615K based on median PSF of RM501/sqft (29 verified transactions)
-3.3%
since 2021
Median Price
RM437K
RM425K – RM460K
Median PSF
RM501
RM487 – RM528
Transactions
29
2021-08 to 2026-01
Size Range
872 – 1227
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2026 | Flat | Leasehold | 872 | RM499 | RM435K |
| Jan 2026 | Flat | Leasehold | 872 | RM499 | RM435K |
| Jul 2025 | Flat | Leasehold | 872 | RM665 | RM580K |
| May 2025 | Flat | Leasehold | 872 | RM459 | RM400K |
| May 2025 | Flat | Leasehold | 872 | RM487 | RM425K |
| Jan 2025 | Flat | Leasehold | 872 | RM455 | RM397K |
| Sept 2024 | Flat | Leasehold | 872 | RM493 | RM430K |
| Jul 2024 | Flat | Leasehold | 872 | RM476 | RM415K |
21 more transactions hidden
OCEAN VIEW (BANDAR SRI PINANG) · 29 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 29 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 OCEAN VIEW (BANDAR SRI PINANG)
Earliest PSF (2021)
RM516
Current PSF (2026)
RM499
Capital Gain
-3.3%
Total Return (est.)
3.4% p.a.
| Capital appreciation (5 years) | -3.3% |
| Annualised capital return | -0.7% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | 3.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 5yr) | -0.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,500/mo
Rent Range
RM1200-1800
25th – 75th pct
Rent PSF
RM1.67
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,300/mo |
| Semi Furnished | RM1,500/mo |
| Fully Furnished | RM1,900/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 26 | RM437K | RM501 |
| 900 sqft | 2 | RM450K | RM504 |
PSF Trend: Stable
PSF moved from RM516 (2021) to RM499 (2026)
Liquidity: Moderate
29 transactions over 5 years (~6/year)
14% above Timur Laut average
This project: RM501 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 3.4% p.a. (below FD)
Capital loss (-0.7% p.a.) + rental yield (~4.1% p.a.)
OCEAN VIEW (BANDAR SRI PINANG) delivers a modest estimated total return of 3.4% p.a. — comprising -0.7% capital depreciation and ~4.1% rental yield over 5 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 14% above the Timur Laut average, reflecting its positioning as a premium development in the area.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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