Timur Laut, Penang ยท Freehold ยท 5 transactions
Median Price
RM2.60M
RM2.40M โ RM2.80M
Median PSF
RM521
RM494 โ RM577
Transactions
5
2023-06 to 2025-07
Size Range
4855 โ 4994
sq.ft (built-up)
Data-driven insights for THE MAYFAIR
Earliest PSF (2023)
RM577
Current PSF (2025)
RM651
Capital Gain
+12.9%
Total Return (est.)
10.4% p.a.
| Capital appreciation (2 years) | +12.9% |
| Annualised capital return | +6.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 10.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +13.9% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 4,850 sqft | 3 | RM2.80M | RM577 |
| 5,000 sqft | 2 | RM2.60M | RM521 |
PSF Trend: Appreciating
PSF moved from RM577 (2023) to RM651 (2025)
Liquidity: Low
5 transactions over 2 years (~3/year)
13% above Timur Laut average
This project: RM521 PSF vs Timur Laut median: RM462 PSF
Est. Total Return: 10.4% p.a. (beats FD)
Capital gain (6.4% p.a.) + rental yield (~4% p.a.)
THE MAYFAIR delivers a strong estimated total return of 10.4% p.a. โ comprising +6.4% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 13% above the Timur Laut 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 |
|---|---|---|---|---|---|
| Jul 2025 | Condominium/Apartment | Freehold | 4,855 | RM651 | RM3.16M |
| Jul 2024 | Condominium/Apartment | Freehold | 4,994 | RM481 | RM2.40M |
| May 2024 | Condominium/Apartment | Freehold | 4,994 | RM521 | RM2.60M |
| Jul 2023 | Condominium/Apartment | Freehold | 4,855 | RM577 | RM2.80M |
| Jun 2023 | Condominium/Apartment | Freehold | 4,855 | RM494 | RM2.40M |
Complete NAPIC transaction data with trend analysis โ 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 5 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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