Timur Laut, Penang · Freehold · 5 transactions
Median Price
RM450K
RM425K – RM450K
Median PSF
RM643
RM607 – RM643
Transactions
5
2022-07 to 2024-09
Size Range
700 – 700
sq.ft (built-up)
Data-driven insights for TAMAN EVERGREEN
Earliest PSF (2022)
RM643
Current PSF (2024)
RM607
Capital Gain
-5.6%
Total Return (est.)
1.2% p.a.
| Capital appreciation (2 years) | -5.6% |
| Annualised capital return | -2.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 1.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -4.6% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM643 (2022) to RM607 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
40% above Timur Laut average
This project: RM643 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 1.2% p.a. (below FD)
Capital loss (-2.8% p.a.) + rental yield (~4% p.a.)
TAMAN EVERGREEN delivers a modest estimated total return of 1.2% p.a. — comprising -2.8% 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 40% above the Timur Laut average, reflecting its positioning as a premium development in the area. 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 |
|---|---|---|---|---|---|
| Sept 2024 | Flat | Freehold | 700 | RM607 | RM425K |
| May 2023 | Flat | Freehold | 700 | RM643 | RM450K |
| Oct 2022 | Flat | Freehold | 700 | RM643 | RM450K |
| Sept 2022 | Flat | Freehold | 700 | RM672 | RM470K |
| Jul 2022 | Flat | Freehold | 700 | RM600 | RM420K |
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 Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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