Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM420K
RM390K – RM420K
Median PSF
RM449
RM435 – RM453
Transactions
6
2022-05 to 2024-06
Size Range
861 – 1938
sq.ft (built-up)
Data-driven insights for SRI PERMAI
Earliest PSF (2022)
RM488
Current PSF (2024)
RM361
Capital Gain
-25.9%
Total Return (est.)
-9.0% p.a.
| Capital appreciation (2 years) | -25.9% |
| Annualised capital return | -13.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -9.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -24.9% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Declining
PSF moved from RM488 (2022) to RM361 (2024)
Liquidity: Low
6 transactions over 2 years (~3/year)
2% below Timur Laut average
This project: RM449 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -9.0% p.a. (below FD)
Capital loss (-13.0% p.a.) + rental yield (~4% p.a.)
SRI PERMAI delivers a modest estimated total return of -9.0% p.a. — comprising -13.0% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is in line with the Timur Laut average, suggesting fair market pricing. 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 |
|---|---|---|---|---|---|
| Jun 2024 | Condominium/Apartment | Freehold | 1,938 | RM361 | RM700K |
| Dec 2023 | Condominium/Apartment | Freehold | 936 | RM449 | RM420K |
| Nov 2023 | Condominium/Apartment | Freehold | 861 | RM453 | RM390K |
| Aug 2023 | Condominium/Apartment | Freehold | 883 | RM442 | RM390K |
| Jul 2022 | Condominium/Apartment | Freehold | 861 | RM488 | RM420K |
1 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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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