Timur Laut, Penang ยท Freehold ยท 6 transactions
Median Price
RM850K
RM810K โ RM990K
Median PSF
RM440
RM403 โ RM469
Transactions
6
2021-01 to 2024-03
Size Range
1841 โ 2110
sq.ft (built-up)
Data-driven insights for THE UBAN
Earliest PSF (2021)
RM385
Current PSF (2024)
RM440
Capital Gain
+14.3%
Total Return (est.)
8.8% p.a.
| Capital appreciation (3 years) | +14.3% |
| Annualised capital return | +4.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 8.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +15.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,950 sqft | 2 | RM850K | RM436 |
| 2,100 sqft | 3 | RM990K | RM469 |
PSF Trend: Appreciating
PSF moved from RM385 (2021) to RM440 (2024)
Liquidity: Low
6 transactions over 3 years (~2/year)
4% below Timur Laut average
This project: RM440 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 8.8% p.a. (beats FD)
Capital gain (4.8% p.a.) + rental yield (~4% p.a.)
THE UBAN delivers a strong estimated total return of 8.8% p.a. โ comprising +4.8% capital appreciation and ~4% rental yield over 3 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.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Mar 2024 | Condominium/Apartment | Freehold | 1,841 | RM440 | RM810K |
| Sept 2023 | Condominium/Apartment | Freehold | 1,948 | RM436 | RM850K |
| Aug 2023 | Condominium/Apartment | Freehold | 2,110 | RM569 | RM1.20M |
| Jun 2022 | Condominium/Apartment | Freehold | 2,110 | RM469 | RM990K |
| Jan 2022 | Condominium/Apartment | Freehold | 2,110 | RM403 | RM850K |
1 more transactions hidden
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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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