Timur Laut, Penang · Freehold · 17 transactions
Median Price
RM278K
RM265K – RM300K
Median PSF
RM410
RM391 – RM442
Transactions
17
2021-09 to 2024-08
Size Range
678 – 689
sq.ft (built-up)
Data-driven insights for PERMAI JAYA
Earliest PSF (2021)
RM406
Current PSF (2024)
RM457
Capital Gain
+12.7%
Total Return (est.)
8.2% p.a.
| Capital appreciation (3 years) | +12.7% |
| Annualised capital return | +4.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 8.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +14.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM406 (2021) to RM457 (2024)
Liquidity: Moderate
17 transactions over 3 years (~6/year)
11% below Timur Laut average
This project: RM410 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 8.2% p.a. (beats FD)
Capital gain (4.2% p.a.) + rental yield (~4% p.a.)
PERMAI JAYA delivers a strong estimated total return of 8.2% p.a. — comprising +4.2% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 11% below the Timur Laut average — potentially undervalued. 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 |
|---|---|---|---|---|---|
| Aug 2024 | Flat | Freehold | 678 | RM457 | RM310K |
| Jul 2024 | Flat | Freehold | 678 | RM395 | RM268K |
| Dec 2023 | Flat | Freehold | 678 | RM391 | RM265K |
| Oct 2023 | Flat | Freehold | 678 | RM406 | RM275K |
| Sept 2023 | Flat | Freehold | 678 | RM410 | RM278K |
12 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 17 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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