Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM900K
RM800K – RM975K
Median PSF
RM407
RM365 – RM431
Transactions
6
2022-01 to 2024-08
Size Range
2088 – 3875
sq.ft (built-up)
Data-driven insights for THE VIEW
Earliest PSF (2022)
RM365
Current PSF (2024)
RM431
Capital Gain
+18.1%
Total Return (est.)
13.0% p.a.
| Capital appreciation (2 years) | +18.1% |
| Annualised capital return | +9.0% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 13.0% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +19.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM365 (2022) to RM431 (2024)
Liquidity: Low
6 transactions over 2 years (~3/year)
12% below Timur Laut average
This project: RM407 PSF vs Timur Laut median: RM462 PSF
Est. Total Return: 13.0% p.a. (beats FD)
Capital gain (9.0% p.a.) + rental yield (~4% p.a.)
THE VIEW delivers a strong estimated total return of 13.0% p.a. — comprising +9.0% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 12% 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 |
|---|---|---|---|---|---|
| Aug 2024 | Condominium/Apartment | Freehold | 2,088 | RM431 | RM900K |
| Jul 2024 | Condominium/Apartment | Freehold | 2,099 | RM407 | RM855K |
| Sept 2023 | Condominium/Apartment | Freehold | 3,875 | RM323 | RM1.25M |
| May 2023 | Condominium/Apartment | Freehold | 2,110 | RM462 | RM975K |
| Mar 2023 | Condominium/Apartment | Freehold | 2,110 | RM379 | RM800K |
1 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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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