Timur Laut, Penang · Freehold · 34 transactions
Median Price
RM558K
RM515K – RM600K
Median PSF
RM333
RM304 – RM361
Transactions
34
2021-10 to 2025-11
Size Range
1292 – 3369
sq.ft (built-up)
Data-driven insights for SHINEVILLE PARK CONDO
Earliest PSF (2021)
RM315
Current PSF (2025)
RM332
Capital Gain
+5.3%
Total Return (est.)
5.3% p.a.
| Capital appreciation (4 years) | +5.3% |
| Annualised capital return | +1.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +7.3% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,600 sqft | 5 | RM550K | RM345 |
| 1,650 sqft | 22 | RM550K | RM334 |
| 3,350 sqft | 3 | RM780K | RM232 |
PSF Trend: Stable
PSF moved from RM315 (2021) to RM332 (2025)
Liquidity: Moderate
34 transactions over 4 years (~9/year)
28% below Timur Laut average
This project: RM333 PSF vs Timur Laut median: RM462 PSF
Est. Total Return: 5.3% p.a. (beats FD)
Capital gain (1.3% p.a.) + rental yield (~4% p.a.)
SHINEVILLE PARK CONDO delivers a moderate estimated total return of 5.3% p.a. — comprising +1.3% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 28% below the Timur Laut average — potentially undervalued. 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 |
|---|---|---|---|---|---|
| Nov 2025 | Condominium/Apartment | Freehold | 1,647 | RM304 | RM500K |
| May 2025 | Condominium/Apartment | Freehold | 3,369 | RM252 | RM850K |
| Apr 2025 | Condominium/Apartment | Freehold | 1,658 | RM337 | RM558K |
| Jan 2025 | Condominium/Apartment | Freehold | 1,658 | RM332 | RM550K |
| Sept 2024 | Condominium/Apartment | Freehold | 1,647 | RM304 | RM500K |
29 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 34 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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