Timur Laut, Penang · Freehold · 38 transactions
Estimated Market Value
Units (1087–1251 sqft) estimated at RM666K – RM767K based on median PSF of RM613/sqft (38 verified transactions)
-4.6%
since 2021
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)
| 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 |
| May 2024 | Condominium/Apartment | Freehold | 1,249 | RM629 | RM785K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,087 | RM685 | RM745K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,249 | RM613 | RM765K |
30 more transactions hidden
SKYVIEW RESIDENCE · 38 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 38 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for SKYVIEW RESIDENCE
Earliest PSF (2021)
RM593
Current PSF (2025)
RM566
Capital Gain
-4.6%
Total Return (est.)
3.0% p.a.
| Capital appreciation (4 years) | -4.6% |
| Annualised capital return | -1.1% p.a. |
| Est. gross rental yield | 4.1% p.a. |
| Est. total return (capital + rental) | 3.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -2.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,500/mo
Rent Range
RM2100-3000
25th – 75th pct
Rent PSF
RM2.04
Est. Yield
4.1% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM2,100/mo |
| Semi Furnished | RM2,500/mo |
| Fully Furnished | RM3,100/mo |
*Estimated rental figures based on Penang district average gross yield (4.1%). Actual rents may vary.
| 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)
39% above Timur Laut average
This project: RM613 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 3.0% p.a. (below FD)
Capital loss (-1.1% p.a.) + rental yield (~4.1% p.a.)
SKYVIEW RESIDENCE delivers a modest estimated total return of 3.0% p.a. — comprising -1.1% capital depreciation and ~4.1% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 39% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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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