Seberang Perai Tengah, Penang · Freehold · 5 transactions
Median Price
RM839K
RM434K – RM840K
Median PSF
RM329
RM170 – RM329
Transactions
5
2022-07 to 2024-09
Size Range
2551 – 3240
sq.ft (built-up)
Data-driven insights for TAMAN BUKIT MAS (BELMONT RESIDENCES)
Earliest PSF (2022)
RM170
Current PSF (2024)
RM373
Capital Gain
+119.5%
Total Return (est.)
63.8% p.a.
| Capital appreciation (2 years) | +119.5% |
| Annualised capital return | +59.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 63.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +120.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM170 (2022) to RM373 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
6% below Seberang Perai Tengah average
This project: RM329 PSF vs Seberang Perai Tengah median: RM350 PSF
Est. Total Return: 63.8% p.a. (beats FD)
Capital gain (59.8% p.a.) + rental yield (~4% p.a.)
TAMAN BUKIT MAS (BELMONT RESIDENCES) delivers a strong estimated total return of 63.8% p.a. — comprising +59.8% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Seberang Perai Tengah average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,551 | RM329 | RM839K |
| Jul 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,240 | RM373 | RM1.21M |
| Mar 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 2,551 | RM329 | RM840K |
| Jul 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 2,551 | RM157 | RM401K |
| Jul 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 2,551 | RM170 | RM434K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Tengah & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.