Timur Laut, Penang · Freehold · 21 transactions
Median Price
RM280K
RM260K – RM330K
Median PSF
RM420
RM390 – RM494
Transactions
21
2021-10 to 2025-07
Size Range
624 – 700
sq.ft (built-up)
Data-driven insights for TAMAN AIR ITAM
Earliest PSF (2021)
RM465
Current PSF (2025)
RM415
Capital Gain
-10.6%
Total Return (est.)
1.3% p.a.
| Capital appreciation (4 years) | -10.6% |
| Annualised capital return | -2.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -8.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 2 | RM295K | RM473 |
| 650 sqft | 9 | RM280K | RM420 |
| 700 sqft | 10 | RM320K | RM465 |
PSF Trend: Declining
PSF moved from RM465 (2021) to RM415 (2025)
Liquidity: Moderate
21 transactions over 4 years (~5/year)
9% below Timur Laut average
This project: RM420 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 1.3% p.a. (below FD)
Capital loss (-2.7% p.a.) + rental yield (~4% p.a.)
TAMAN AIR ITAM delivers a modest estimated total return of 1.3% p.a. — comprising -2.7% 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 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 |
|---|---|---|---|---|---|
| Jul 2025 | Flat | Freehold | 700 | RM354 | RM248K |
| May 2025 | Flat | Freehold | 667 | RM415 | RM277K |
| Sept 2024 | Flat | Freehold | 646 | RM403 | RM260K |
| Sept 2024 | Flat | Freehold | 657 | RM411 | RM270K |
| Sept 2024 | Flat | Freehold | 689 | RM501 | RM345K |
16 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 21 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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