Timur Laut, Penang · Freehold · 7 transactions
Median Price
RM190K
RM150K – RM193K
Median PSF
RM376
RM317 – RM401
Transactions
7
2022-03 to 2025-04
Size Range
474 – 560
sq.ft (built-up)
Data-driven insights for TAMAN SRI AIR ITAM
Earliest PSF (2022)
RM345
Current PSF (2025)
RM422
Capital Gain
+22.5%
Total Return (est.)
11.5% p.a.
| Capital appreciation (3 years) | +22.5% |
| Annualised capital return | +7.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 11.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +24.0% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM345 (2022) to RM422 (2025)
Liquidity: Low
7 transactions over 3 years (~2/year)
18% below Timur Laut average
This project: RM376 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 11.5% p.a. (beats FD)
Capital gain (7.5% p.a.) + rental yield (~4% p.a.)
TAMAN SRI AIR ITAM delivers a strong estimated total return of 11.5% p.a. — comprising +7.5% 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 18% below the Timur Laut 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
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Apr 2025 | Flat | Freehold | 474 | RM422 | RM200K |
| Jan 2025 | Low-Cost Flat | Freehold | 495 | RM384 | RM190K |
| Aug 2023 | Low-Cost Flat | Freehold | 474 | RM306 | RM145K |
| Jan 2023 | Low-Cost Flat | Freehold | 474 | RM401 | RM190K |
| Nov 2022 | Low-Cost Flat | Freehold | 474 | RM376 | RM178K |
2 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 7 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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