Timur Laut, Penang · Freehold · 18 transactions
Estimated Market Value
Units (667–743 sqft) estimated at RM300K – RM334K based on median PSF of RM450/sqft (18 verified transactions)
+14.0%
since 2021
Median Price
RM310K
RM280K – RM370K
Median PSF
RM450
RM406 – RM512
Transactions
18
2021-12 to 2025-02
Size Range
667 – 743
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Feb 2025 | Flat | Freehold | 689 | RM508 | RM350K |
| Sept 2024 | Flat | Freehold | 743 | RM539 | RM400K |
| Jul 2024 | Flat | Freehold | 689 | RM360 | RM248K |
| Jun 2024 | Flat | Freehold | 689 | RM508 | RM350K |
| Mar 2024 | Flat | Freehold | 689 | RM552 | RM380K |
| Jan 2024 | Flat | Freehold | 689 | RM552 | RM380K |
| Sept 2023 | Flat | Freehold | 743 | RM512 | RM380K |
| May 2023 | Flat | Freehold | 689 | RM392 | RM270K |
10 more transactions hidden
TAMAN SINAR PELANGI (LAVENDER PARK) · 18 transactions
vs RM200–500 valuer fee
RM69.90
one-time · no subscription
Investment ROI since first transaction
Capital gain 2021–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 18 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Data-driven insights for TAMAN SINAR PELANGI (LAVENDER PARK)
Earliest PSF (2021)
RM446
Current PSF (2025)
RM508
Capital Gain
+14.0%
Total Return (est.)
7.4% p.a.
| Capital appreciation (4 years) | +14.0% |
| Annualised capital return | +3.5% p.a. |
| Est. gross rental yield | 3.9% p.a. |
| Est. total return (capital + rental) | 7.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +15.6% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,000/mo
Rent Range
RM800-1200
25th – 75th pct
Rent PSF
RM1.50
Est. Yield
3.9% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM900/mo |
| Semi Furnished | RM1,000/mo |
| Fully Furnished | RM1,300/mo |
*Estimated rental figures based on Penang district average gross yield (3.9%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 2 | RM300K | RM450 |
| 700 sqft | 14 | RM310K | RM446 |
| 750 sqft | 2 | RM400K | RM539 |
PSF Trend: Appreciating
PSF moved from RM446 (2021) to RM508 (2025)
Liquidity: Low
18 transactions over 4 years (~5/year)
2% above Timur Laut average
This project: RM450 PSF vs Timur Laut median: RM440 PSF
Est. Total Return: 7.4% p.a. (beats FD)
Capital gain (3.5% p.a.) + rental yield (~3.9% p.a.)
TAMAN SINAR PELANGI (LAVENDER PARK) delivers a strong estimated total return of 7.4% p.a. — comprising +3.5% capital appreciation and ~3.9% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Timur Laut average, suggesting fair market pricing. Best suited for capital gain seekers, long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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