TAMAN MEGA HOMES
Seberang Perai Tengah, Penang · Freehold · 9 transactions
Median Price
RM800K
RM668K – RM825K
Median PSF
RM296
RM247 – RM305
Transactions
9
2021-12 to 2024-05
Size Range
2702 – 2702
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TAMAN MEGA HOMES
Investment Return
Earliest PSF (2021)
RM247
Current PSF (2024)
RM370
Capital Gain
+49.7%
Total Return (est.)
20.6% p.a.
| Capital appreciation (3 years) | +49.7% |
| Annualised capital return | +16.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 20.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +51.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Appreciating
PSF moved from RM247 (2021) to RM370 (2024)
Liquidity: Low
9 transactions over 3 years (~3/year)
15% below Seberang Perai Tengah average
This project: RM296 PSF vs Seberang Perai Tengah median: RM350 PSF
Est. Total Return: 20.6% p.a. (beats FD)
Capital gain (16.6% p.a.) + rental yield (~4% p.a.)
Verdict
TAMAN MEGA HOMES delivers a strong estimated total return of 20.6% p.a. — comprising +16.6% 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 15% below the Seberang Perai Tengah average — potentially undervalued. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 9| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,702 | RM370 | RM1.00M |
| Aug 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,702 | RM244 | RM659K |
| May 2023 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,702 | RM305 | RM825K |
| Sept 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,702 | RM300 | RM810K |
| Jun 2022 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,702 | RM244 | RM659K |
4 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 9 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Tengah & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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