Seberang Perai Utara, Penang · Freehold · 9 transactions
Median Price
RM1.04M
RM1.04M – RM1.15M
Median PSF
RM401
RM398 – RM440
Transactions
9
2023-02 to 2024-09
Size Range
2605 – 2605
sq.ft (built-up)
Data-driven insights for TAMAN OREN MELUR
Earliest PSF (2023)
RM398
Current PSF (2024)
RM440
Capital Gain
+10.6%
Total Return (est.)
14.6% p.a.
| Capital appreciation (1 years) | +10.6% |
| Annualised capital return | +10.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 14.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | +11.1% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM398 (2023) to RM440 (2024)
Liquidity: Moderate
9 transactions over 1 years (~9/year)
10% above Seberang Perai Utara average
This project: RM401 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 14.6% p.a. (beats FD)
Capital gain (10.6% p.a.) + rental yield (~4% p.a.)
TAMAN OREN MELUR delivers a strong estimated total return of 14.6% p.a. — comprising +10.6% capital appreciation and ~4% rental yield over 1 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 10% above the Seberang Perai Utara average, reflecting its positioning as a premium development in the area. 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 | 2,605 | RM440 | RM1.15M |
| May 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 2,605 | RM413 | RM1.08M |
| May 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 2,605 | RM401 | RM1.04M |
| Apr 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 2,605 | RM397 | RM1.03M |
| Apr 2023 | 2 - 2 1/2 Storey Terraced | Freehold | 2,605 | RM398 | RM1.04M |
4 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 9 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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