TAMAN ABIDIN

Timur Laut, Penang · Freehold · 10 transactions

Median Price

RM120K

RM70K – RM145K

Median PSF

RM214

RM171 – RM229

Transactions

10

2021-11 to 2024-06

Size Range

398 – 700

sq.ft (built-up)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for TAMAN ABIDIN

Investment Return

Earliest PSF (2021)

RM214

Current PSF (2024)

RM218

Capital Gain

+1.5%

Total Return (est.)

4.5% p.a.

Capital appreciation (3 years)+1.5%
Annualised capital return+0.5% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)4.5% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+3.0%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
400 sqft6RM87KRM218
700 sqft4RM150KRM214

Market Verdict

PSF Trend: Stable

PSF moved from RM214 (2021) to RM218 (2024)

Liquidity: Low

10 transactions over 3 years (~3/year)

53% below Timur Laut average

This project: RM214 PSF vs Timur Laut median: RM459 PSF

Est. Total Return: 4.5% p.a. (beats FD)

Capital gain (0.5% p.a.) + rental yield (~4% p.a.)

Verdict

TAMAN ABIDIN delivers a moderate estimated total return of 4.5% p.a. — comprising +0.5% 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 53% 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

Transaction History

Showing 5 of 10
DateTypeTenureSize (sqft)PSFPrice
Jun 2024Low-Cost FlatFreehold400RM218RM87K
May 2024Low-Cost FlatFreehold700RM229RM160K
Jan 2024Low-Cost FlatFreehold700RM207RM145K
Sept 2023Low-Cost FlatFreehold400RM300RM120K
Dec 2022Low-Cost FlatFreehold700RM171RM120K

5 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 10 records

3 interactive charts

Scatter, price & PSF vs Timur Laut & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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