RESIDENSI STRAITS @ SERI TANJUNG PINANG
Timur Laut, Penang · Freehold · 16 transactions
Median Price
RM1.65M
RM1.54M – RM1.67M
Median PSF
RM1228
RM1192 – RM1277
Transactions
16
2022-09 to 2025-01
Size Range
861 – 2863
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for RESIDENSI STRAITS @ SERI TANJUNG PINANG
Investment Return
Earliest PSF (2022)
RM1192
Current PSF (2025)
RM1277
Capital Gain
+7.1%
Total Return (est.)
6.4% p.a.
| Capital appreciation (3 years) | +7.1% |
| Annualised capital return | +2.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 6.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +8.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 2 | RM1.00M | RM1161 |
| 1,300 sqft | 8 | RM1.63M | RM1262 |
| 1,350 sqft | 5 | RM1.66M | RM1224 |
Market Verdict
PSF Trend: Stable
PSF moved from RM1192 (2022) to RM1277 (2025)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
168% above Timur Laut average
This project: RM1228 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 6.4% p.a. (beats FD)
Capital gain (2.4% p.a.) + rental yield (~4% p.a.)
Verdict
RESIDENSI STRAITS @ SERI TANJUNG PINANG delivers a strong estimated total return of 6.4% p.a. — comprising +2.4% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 168% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 16| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2025 | Condominium/Apartment | Freehold | 1,292 | RM1277 | RM1.65M |
| Aug 2024 | Condominium/Apartment | Freehold | 1,302 | RM1436 | RM1.87M |
| Mar 2024 | Condominium/Apartment | Freehold | 1,292 | RM1262 | RM1.63M |
| Jan 2024 | Condominium/Apartment | Freehold | 861 | RM1115 | RM960K |
| Jan 2024 | Condominium/Apartment | Freehold | 1,335 | RM1349 | RM1.80M |
11 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 16 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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