TMN BL HILL (BL AVENUE)
Timur Laut, Penang · Freehold · 19 transactions
Median Price
RM400K
RM355K – RM480K
Median PSF
RM525
RM490 – RM546
Transactions
19
2021-10 to 2024-09
Size Range
700 – 915
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TMN BL HILL (BL AVENUE)
Investment Return
Earliest PSF (2021)
RM601
Current PSF (2024)
RM523
Capital Gain
-12.9%
Total Return (est.)
-0.3% p.a.
| Capital appreciation (3 years) | -12.9% |
| Annualised capital return | -4.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -0.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -11.4% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 700 sqft | 8 | RM380K | RM543 |
| 750 sqft | 3 | RM400K | RM523 |
| 900 sqft | 8 | RM486K | RM531 |
Market Verdict
PSF Trend: Declining
PSF moved from RM601 (2021) to RM523 (2024)
Liquidity: Moderate
19 transactions over 3 years (~6/year)
14% above Timur Laut average
This project: RM525 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: -0.3% p.a. (below FD)
Capital loss (-4.3% p.a.) + rental yield (~4% p.a.)
Verdict
TMN BL HILL (BL AVENUE) delivers a modest estimated total return of -0.3% p.a. — comprising -4.3% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF is 14% above the Timur Laut average, reflecting its positioning as a premium development in the area. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 19| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | Flat | Freehold | 700 | RM572 | RM400K |
| Sept 2024 | Flat | Freehold | 700 | RM543 | RM380K |
| Jul 2024 | Flat | Freehold | 764 | RM523 | RM400K |
| Jun 2024 | Flat | Freehold | 700 | RM443 | RM310K |
| May 2024 | Flat | Freehold | 743 | RM465 | RM345K |
14 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 19 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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