Timur Laut, Penang · Freehold · 8 transactions
Median Price
RM1.39M
RM1.30M – RM2.35M
Median PSF
RM1161
RM1118 – RM1204
Transactions
8
2021-04 to 2024-01
Size Range
1000 – 2368
sq.ft (built-up)
Data-driven insights for THE CANTONMENT
Earliest PSF (2021)
RM1149
Current PSF (2024)
RM1191
Capital Gain
+3.7%
Total Return (est.)
5.2% p.a.
| Capital appreciation (3 years) | +3.7% |
| Annualised capital return | +1.2% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.2% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +5.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Stable
PSF moved from RM1149 (2021) to RM1191 (2024)
Liquidity: Low
8 transactions over 3 years (~3/year)
153% above Timur Laut average
This project: RM1161 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 5.2% p.a. (beats FD)
Capital gain (1.2% p.a.) + rental yield (~4% p.a.)
THE CANTONMENT delivers a moderate estimated total return of 5.2% p.a. — comprising +1.2% 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 at a significant 153% premium over the Timur Laut average — upside may be limited unless the area appreciates. 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 |
|---|---|---|---|---|---|
| Jan 2024 | Condominium/Apartment | Freehold | 1,163 | RM1191 | RM1.39M |
| Jul 2023 | Condominium/Apartment | Freehold | 1,163 | RM1118 | RM1.30M |
| Dec 2022 | Condominium/Apartment | Freehold | 2,368 | RM1161 | RM2.75M |
| Nov 2022 | Condominium/Apartment | Freehold | 1,163 | RM1204 | RM1.40M |
| Feb 2022 | Condominium/Apartment | Freehold | 1,000 | RM1270 | RM1.27M |
3 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 8 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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