Seberang Perai Tengah, Penang · Freehold · 10 transactions
Estimated Market Value
Units (1604–1604 sqft) estimated at RM625K – RM625K based on median PSF of RM390/sqft (10 verified transactions)
-6.9%
since 2021
Median Price
RM625K
RM590K – RM642K
Median PSF
RM390
RM368 – RM400
Transactions
10
2021-05 to 2024-07
Size Range
1604 – 1604
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM373 | RM598K |
| Apr 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM390 | RM625K |
| Feb 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM368 | RM590K |
| Dec 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM387 | RM620K |
| Dec 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM355 | RM570K |
| Dec 2021 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM437 | RM701K |
| Nov 2021 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM390 | RM626K |
| Nov 2021 | 2 - 2 1/2 Storey Terraced | Freehold | 1,604 | RM455 | RM729K |
2 more transactions hidden
RESIDENSI PALMA · 10 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2024 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Seberang Perai Tengah average
All 10 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Seberang Perai Tengah & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for RESIDENSI PALMA
Earliest PSF (2021)
RM400
Current PSF (2024)
RM373
Capital Gain
-6.9%
Total Return (est.)
1.7% p.a.
| Capital appreciation (3 years) | -6.9% |
| Annualised capital return | -2.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -5.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,100/mo
Rent Range
RM1700-2500
25th – 75th pct
Rent PSF
RM1.30
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,800/mo |
| Semi Furnished | RM2,100/mo |
| Fully Furnished | RM2,600/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
PSF Trend: Stable
PSF moved from RM400 (2021) to RM373 (2024)
Liquidity: Low
10 transactions over 3 years (~3/year)
10% above Seberang Perai Tengah average
This project: RM390 PSF vs Seberang Perai Tengah median: RM355 PSF
Est. Total Return: 1.7% p.a. (below FD)
Capital loss (-2.3% p.a.) + rental yield (~4% p.a.)
RESIDENSI PALMA delivers a modest estimated total return of 1.7% p.a. — comprising -2.3% 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 Seberang Perai Tengah 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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