PINE RESIDENCE
Timur Laut, Penang · Freehold · 25 transactions
Median Price
RM650K
RM630K – RM700K
Median PSF
RM416
RM394 – RM442
Transactions
25
2021-05 to 2025-11
Size Range
1453 – 3294
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for PINE RESIDENCE
Investment Return
Earliest PSF (2021)
RM403
Current PSF (2025)
RM373
Capital Gain
-7.4%
Total Return (est.)
2.2% p.a.
| Capital appreciation (4 years) | -7.4% |
| Annualised capital return | -1.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -5.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,450 sqft | 10 | RM670K | RM461 |
| 1,600 sqft | 13 | RM645K | RM404 |
Market Verdict
PSF Trend: Stable
PSF moved from RM403 (2021) to RM373 (2025)
Liquidity: Moderate
25 transactions over 4 years (~6/year)
9% below Timur Laut average
This project: RM416 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.2% p.a. (below FD)
Capital loss (-1.8% p.a.) + rental yield (~4% p.a.)
Verdict
PINE RESIDENCE delivers a modest estimated total return of 2.2% p.a. — comprising -1.8% 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. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 25| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 1,582 | RM373 | RM590K |
| Oct 2024 | Condominium/Apartment | Freehold | 1,453 | RM447 | RM650K |
| Oct 2024 | Condominium/Apartment | Freehold | 1,453 | RM465 | RM675K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,615 | RM421 | RM680K |
| Jun 2024 | Condominium/Apartment | Freehold | 1,615 | RM434 | RM700K |
20 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 25 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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