RESIDENSI HARMONY

Seberang Perai Tengah, Penang · Freehold · 6 transactions

Median Price

RM870K

RM790K – RM920K

Median PSF

RM422

RM370 – RM432

Transactions

6

2022-07 to 2024-09

Size Range

2013 – 2885

sq.ft (built-up)

2 - 2 1/2 Storey Semi-Detached (5)Detached (1)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for RESIDENSI HARMONY

Investment Return

Earliest PSF (2022)

RM392

Current PSF (2024)

RM503

Capital Gain

+28.1%

Total Return (est.)

18.0% p.a.

Capital appreciation (2 years)+28.1%
Annualised capital return+14.0% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)18.0% p.a.
vs Fixed Deposit (3.5% p.a. x 2yr)+29.1%

*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.

Market Verdict

PSF Trend: Appreciating

PSF moved from RM392 (2022) to RM503 (2024)

Liquidity: Low

6 transactions over 2 years (~3/year)

21% above Seberang Perai Tengah average

This project: RM422 PSF vs Seberang Perai Tengah median: RM350 PSF

Est. Total Return: 18.0% p.a. (beats FD)

Capital gain (14.0% p.a.) + rental yield (~4% p.a.)

Verdict

RESIDENSI HARMONY delivers a strong estimated total return of 18.0% p.a. — comprising +14.0% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 21% above the Seberang Perai Tengah 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

Transaction History

Showing 5 of 6
DateTypeTenureSize (sqft)PSFPrice
Sept 2024DetachedFreehold2,885RM503RM1.45M
Jul 20242 - 2 1/2 Storey Semi-DetachedFreehold2,820RM326RM920K
Sept 20232 - 2 1/2 Storey Semi-DetachedFreehold2,013RM422RM850K
Dec 20222 - 2 1/2 Storey Semi-DetachedFreehold2,013RM432RM870K
Nov 20222 - 2 1/2 Storey Semi-DetachedFreehold2,013RM392RM790K

1 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 6 records

3 interactive charts

Scatter, price & PSF vs Seberang Perai Tengah & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

Instant access. No subscription.