TMN BELIMBING

Seberang Perai Tengah, Penang · Freehold · 12 transactions

Median Price

RM490K

RM370K – RM633K

Median PSF

RM392

RM372 – RM452

Transactions

12

2022-04 to 2025-01

Size Range

797 – 1668

sq.ft (built-up)

2 - 2 1/2 Storey Terraced (7)1 - 1 1/2 Storey Terraced (4)1 - 1 1/2 Storey Semi-Detached (1)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for TMN BELIMBING

Investment Return

Earliest PSF (2022)

RM376

Current PSF (2025)

RM458

Capital Gain

+22.0%

Total Return (est.)

11.3% p.a.

Capital appreciation (3 years)+22.0%
Annualised capital return+7.3% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)11.3% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+23.5%

*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
800 sqft3RM360KRM452
1,450 sqft2RM580KRM396
1,600 sqft3RM633KRM392
1,650 sqft2RM650KRM390

Market Verdict

PSF Trend: Appreciating

PSF moved from RM376 (2022) to RM458 (2025)

Liquidity: Low

12 transactions over 3 years (~4/year)

12% above Seberang Perai Tengah average

This project: RM392 PSF vs Seberang Perai Tengah median: RM350 PSF

Est. Total Return: 11.3% p.a. (beats FD)

Capital gain (7.3% p.a.) + rental yield (~4% p.a.)

Verdict

TMN BELIMBING delivers a strong estimated total return of 11.3% p.a. — comprising +7.3% 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 12% above the Seberang Perai Tengah 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

Transaction History

Showing 5 of 12
DateTypeTenureSize (sqft)PSFPrice
Jan 20251 - 1 1/2 Storey TerracedFreehold807RM458RM370K
Oct 20232 - 2 1/2 Storey TerracedFreehold1,615RM392RM633K
Sept 20231 - 1 1/2 Storey TerracedFreehold883RM312RM275K
Aug 20231 - 1 1/2 Storey Semi-DetachedFreehold861RM557RM480K
Jul 20232 - 2 1/2 Storey TerracedFreehold1,615RM420RM678K

7 more transactions hidden

Full Report Includes

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 12 records

3 interactive charts

Scatter, price & PSF vs Seberang Perai Tengah & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

Instant access. No subscription.