Timur Laut, Penang · Freehold · 13 transactions
Median Price
RM640K
RM615K – RM750K
Median PSF
RM532
RM476 – RM549
Transactions
13
2021-11 to 2024-08
Size Range
1119 – 2002
sq.ft (built-up)
Data-driven insights for PALM PALLADIUM
Earliest PSF (2021)
RM545
Current PSF (2024)
RM540
Capital Gain
-0.8%
Total Return (est.)
3.7% p.a.
| Capital appreciation (3 years) | -0.8% |
| Annualised capital return | -0.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +0.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,100 sqft | 6 | RM615K | RM549 |
| 1,300 sqft | 4 | RM685K | RM522 |
| 1,900 sqft | 2 | RM900K | RM470 |
PSF Trend: Stable
PSF moved from RM545 (2021) to RM540 (2024)
Liquidity: Low
13 transactions over 3 years (~4/year)
16% above Timur Laut average
This project: RM532 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 3.7% p.a. (beats FD)
Capital loss (-0.3% p.a.) + rental yield (~4% p.a.)
PALM PALLADIUM delivers a moderate estimated total return of 3.7% p.a. — comprising -0.3% capital depreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 16% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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 |
|---|---|---|---|---|---|
| Aug 2024 | Condominium/Apartment | Freehold | 1,119 | RM540 | RM605K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,119 | RM549 | RM615K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,916 | RM470 | RM900K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,313 | RM476 | RM625K |
| Sept 2023 | Condominium/Apartment | Freehold | 2,002 | RM425 | RM850K |
8 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 13 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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