PENARIK

Setiu, Terengganu · Freehold · 15 transactions

Median Price

RM280K

RM250K – RM330K

Median PSF

RM294

RM269 – RM323

Transactions

15

2021-04 to 2025-10

Size Range

743 – 1378

sq.ft (built-up)

Detached (10)1 - 1 1/2 Storey Semi-Detached (5)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for PENARIK

Investment Return

Earliest PSF (2021)

RM240

Current PSF (2025)

RM465

Capital Gain

+93.9%

Total Return (est.)

27.8% p.a.

Capital appreciation (4 years)+93.9%
Annualised capital return+23.5% p.a.
Est. gross rental yield4.3% p.a.
Est. total return (capital + rental)27.8% p.a.
vs Fixed Deposit (3.5% p.a. x 4yr)+97.1%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Terengganu district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
750 sqft2RM280KRM377
850 sqft4RM250KRM294
950 sqft5RM265KRM277

Market Verdict

PSF Trend: Appreciating

PSF moved from RM240 (2021) to RM465 (2025)

Liquidity: Low

15 transactions over 4 years (~4/year)

23% above Setiu average

This project: RM294 PSF vs Setiu median: RM238 PSF

Est. Total Return: 27.8% p.a. (beats FD)

Capital gain (23.5% p.a.) + rental yield (~4.3% p.a.)

Verdict

PENARIK delivers a strong estimated total return of 27.8% p.a. — comprising +23.5% capital appreciation and ~4.3% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 23% above the Setiu average, reflecting its positioning as a premium development in the area. Best suited for capital gain seekers, long-term holders.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 15
DateTypeTenureSize (sqft)PSFPrice
Oct 2025DetachedFreehold840RM465RM390K
Oct 2024DetachedFreehold743RM377RM280K
Sept 20241 - 1 1/2 Storey Semi-DetachedFreehold958RM269RM258K
Jul 20241 - 1 1/2 Storey Semi-DetachedFreehold958RM277RM265K
Mar 20241 - 1 1/2 Storey Semi-DetachedFreehold958RM269RM258K

10 more transactions hidden

Full Report Includes

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 15 records

3 interactive charts

Scatter, price & PSF vs Setiu & Terengganu

Percentile breakdown

25th, 50th, 75th price & PSF

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