Timur Laut, Penang · Leasehold · 27 transactions
Median Price
RM440K
RM425K – RM465K
Median PSF
RM504
RM481 – RM533
Transactions
27
2021-08 to 2025-07
Size Range
872 – 1227
sq.ft (built-up)
Data-driven insights for OCEAN VIEW (BANDAR SRI PINANG)
Earliest PSF (2021)
RM516
Current PSF (2025)
RM487
Capital Gain
-5.6%
Total Return (est.)
2.6% p.a.
| Capital appreciation (4 years) | -5.6% |
| Annualised capital return | -1.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -3.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 24 | RM440K | RM505 |
| 900 sqft | 2 | RM450K | RM504 |
PSF Trend: Stable
PSF moved from RM516 (2021) to RM487 (2025)
Liquidity: Moderate
27 transactions over 4 years (~7/year)
10% above Timur Laut average
This project: RM504 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.6% p.a. (below FD)
Capital loss (-1.4% p.a.) + rental yield (~4% p.a.)
OCEAN VIEW (BANDAR SRI PINANG) delivers a modest estimated total return of 2.6% p.a. — comprising -1.4% capital depreciation and ~4% rental yield over 4 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.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| 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 |
22 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 27 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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