Seberang Perai Tengah, Penang · Freehold · 10 transactions
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)
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 estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM400 (2021) to RM373 (2024)
Liquidity: Low
10 transactions over 3 years (~3/year)
11% above Seberang Perai Tengah average
This project: RM390 PSF vs Seberang Perai Tengah median: RM350 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 11% above the Seberang Perai Tengah average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| 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 |
5 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 10 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Tengah & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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