Timur Laut, Penang · Freehold · 5 transactions
Estimated Market Value
Units (5056–5056 sqft) estimated at RM2.35M – RM2.35M based on median PSF of RM465/sqft (5 verified transactions)
-6.2%
since 2021
Median Price
RM2.35M
RM2.30M – RM2.45M
Median PSF
RM465
RM455 – RM485
Transactions
5
2021-11 to 2024-08
Size Range
5056 – 5056
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,056 | RM455 | RM2.30M |
| Jul 2023 | 3 - 3 1/2 Storey Shop | Freehold | 5,056 | RM465 | RM2.35M |
| Oct 2022 | 3 - 3 1/2 Storey Shop | Freehold | 5,056 | RM336 | RM1.70M |
| Jan 2022 | 3 - 3 1/2 Storey Shop | Freehold | 5,056 | RM485 | RM2.45M |
| Nov 2021 | 3 - 3 1/2 Storey Shop | Freehold | 5,056 | RM485 | RM2.45M |
PINE VALLEY BUSINESS CENTRE · 5 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 5 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Best value
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Data-driven insights for PINE VALLEY BUSINESS CENTRE
Earliest PSF (2021)
RM485
Current PSF (2024)
RM455
Capital Gain
-6.2%
Total Return (est.)
1.9% p.a.
| Capital appreciation (3 years) | -6.2% |
| Annualised capital return | -2.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -4.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM7,800/mo
Rent Range
RM6400-9200
25th – 75th pct
Rent PSF
RM1.55
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM6,600/mo |
| Semi Furnished | RM7,800/mo |
| Fully Furnished | RM9,800/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM485 (2021) to RM455 (2024)
Liquidity: Low
5 transactions over 3 years (~2/year)
2% above Timur Laut average
This project: RM465 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: 1.9% p.a. (below FD)
Capital loss (-2.1% p.a.) + rental yield (~4% p.a.)
PINE VALLEY BUSINESS CENTRE delivers a modest estimated total return of 1.9% p.a. — comprising -2.1% capital depreciation and ~4% rental yield over 3 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.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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