Timur Laut, Penang · Leasehold · 14 transactions
Median Price
RM285K
RM275K – RM300K
Median PSF
RM441
RM426 – RM465
Transactions
14
2021-02 to 2024-08
Size Range
646 – 646
sq.ft (built-up)
Data-driven insights for PINANG COURT 2
Earliest PSF (2021)
RM446
Current PSF (2024)
RM449
Capital Gain
+0.7%
Total Return (est.)
4.2% p.a.
| Capital appreciation (3 years) | +0.7% |
| Annualised capital return | +0.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +2.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM446 (2021) to RM449 (2024)
Liquidity: Low
14 transactions over 3 years (~5/year)
4% below Timur Laut average
This project: RM441 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.2% p.a. (beats FD)
Capital gain (0.2% p.a.) + rental yield (~4% p.a.)
PINANG COURT 2 delivers a moderate estimated total return of 4.2% p.a. — comprising +0.2% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF 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 |
|---|---|---|---|---|---|
| Aug 2024 | Flat | Leasehold | 646 | RM449 | RM290K |
| Mar 2024 | Flat | Leasehold | 646 | RM410 | RM265K |
| Mar 2024 | Flat | Leasehold | 646 | RM495 | RM320K |
| Feb 2024 | Flat | Leasehold | 646 | RM403 | RM260K |
| Dec 2023 | Flat | Leasehold | 646 | RM488 | RM315K |
9 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 14 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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