Timur Laut, Penang · Freehold · 14 transactions
Median Price
RM1.50M
RM1.27M – RM1.78M
Median PSF
RM687
RM628 – RM707
Transactions
14
2021-12 to 2024-11
Size Range
1819 – 2659
sq.ft (built-up)
Data-driven insights for PLATINO CONDOMINIUM
Earliest PSF (2021)
RM605
Current PSF (2024)
RM700
Capital Gain
+15.7%
Total Return (est.)
9.2% p.a.
| Capital appreciation (3 years) | +15.7% |
| Annualised capital return | +5.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 9.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +17.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,800 sqft | 3 | RM1.28M | RM704 |
| 2,100 sqft | 3 | RM1.27M | RM605 |
| 2,500 sqft | 2 | RM1.63M | RM658 |
| 2,650 sqft | 4 | RM1.88M | RM707 |
PSF Trend: Appreciating
PSF moved from RM605 (2021) to RM700 (2024)
Liquidity: Low
14 transactions over 3 years (~5/year)
50% above Timur Laut average
This project: RM687 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 9.2% p.a. (beats FD)
Capital gain (5.2% p.a.) + rental yield (~4% p.a.)
PLATINO CONDOMINIUM delivers a strong estimated total return of 9.2% p.a. — comprising +5.2% 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 50% above the Timur Laut 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
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2024 | Condominium/Apartment | Freehold | 2,659 | RM700 | RM1.86M |
| Aug 2024 | Condominium/Apartment | Freehold | 1,819 | RM753 | RM1.37M |
| Aug 2024 | Condominium/Apartment | Freehold | 1,819 | RM704 | RM1.28M |
| Jul 2024 | Condominium/Apartment | Freehold | 2,476 | RM658 | RM1.63M |
| Jul 2024 | Condominium/Apartment | Freehold | 2,659 | RM670 | RM1.78M |
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
Instant access. No subscription.