PRIMA VIEW
Timur Laut, Penang · Leasehold · 5 transactions
Median Price
RM300K
RM300K – RM300K
Median PSF
RM364
RM362 – RM367
Transactions
5
2021-10 to 2024-01
Size Range
818 – 829
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for PRIMA VIEW
Investment Return
Earliest PSF (2021)
RM368
Current PSF (2024)
RM362
Capital Gain
-1.6%
Total Return (est.)
3.5% p.a.
| Capital appreciation (3 years) | -1.6% |
| Annualised capital return | -0.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 3.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -0.1% |
*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 |
|---|---|---|---|
| 800 sqft | 2 | RM300K | RM367 |
| 850 sqft | 3 | RM300K | RM362 |
Market Verdict
PSF Trend: Stable
PSF moved from RM368 (2021) to RM362 (2024)
Liquidity: Low
5 transactions over 3 years (~2/year)
21% below Timur Laut average
This project: RM364 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 3.5% p.a. (below FD)
Capital loss (-0.5% p.a.) + rental yield (~4% p.a.)
Verdict
PRIMA VIEW delivers a modest estimated total return of 3.5% p.a. — comprising -0.5% 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 trades 21% below the Timur Laut average — potentially undervalued.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 5| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2024 | Flat | Leasehold | 829 | RM362 | RM300K |
| Nov 2023 | Flat | Leasehold | 829 | RM362 | RM300K |
| Oct 2023 | Flat | Leasehold | 818 | RM367 | RM300K |
| Dec 2021 | Flat | Leasehold | 829 | RM368 | RM305K |
| Oct 2021 | Flat | Leasehold | 818 | RM364 | RM298K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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