Timur Laut, Penang · Freehold · 38 transactions
Median Price
RM740K
RM700K – RM785K
Median PSF
RM613
RM593 – RM633
Transactions
38
2021-01 to 2025-04
Size Range
1087 – 1251
sq.ft (built-up)
Data-driven insights for SKYVIEW RESIDENCE
Earliest PSF (2021)
RM593
Current PSF (2025)
RM566
Capital Gain
-4.6%
Total Return (est.)
2.9% p.a.
| Capital appreciation (4 years) | -4.6% |
| Annualised capital return | -1.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 2.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -2.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,100 sqft | 11 | RM675K | RM621 |
| 1,250 sqft | 27 | RM750K | RM601 |
PSF Trend: Stable
PSF moved from RM593 (2021) to RM566 (2025)
Liquidity: Moderate
38 transactions over 4 years (~10/year)
34% above Timur Laut average
This project: RM613 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 2.9% p.a. (below FD)
Capital loss (-1.1% p.a.) + rental yield (~4% p.a.)
SKYVIEW RESIDENCE delivers a modest estimated total return of 2.9% p.a. — comprising -1.1% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 34% above the Timur Laut 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 |
|---|---|---|---|---|---|
| Apr 2025 | Condominium/Apartment | Freehold | 1,249 | RM521 | RM650K |
| Mar 2025 | Condominium/Apartment | Freehold | 1,238 | RM566 | RM700K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,238 | RM566 | RM700K |
| Jul 2024 | Condominium/Apartment | Freehold | 1,249 | RM599 | RM748K |
| Jun 2024 | Condominium/Apartment | Freehold | 1,087 | RM717 | RM780K |
33 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 38 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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