Seberang Perai Selatan, Penang · Freehold · 55 transactions
Median Price
RM100K
RM70K – RM440K
Median PSF
RM160
RM115 – RM292
Transactions
55
2021-12 to 2025-11
Size Range
603 – 2443
sq.ft (built-up)
Data-driven insights for TMN GAMELAN INDAH
Earliest PSF (2021)
RM247
Current PSF (2025)
RM160
Capital Gain
-35.2%
Total Return (est.)
-4.8% p.a.
| Capital appreciation (4 years) | -35.2% |
| Annualised capital return | -8.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -4.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | -33.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 29 | RM72K | RM116 |
| 750 sqft | 6 | RM300K | RM393 |
| 1,450 sqft | 2 | RM500K | RM347 |
| 1,550 sqft | 2 | RM500K | RM320 |
| 1,700 sqft | 13 | RM440K | RM262 |
PSF Trend: Declining
PSF moved from RM247 (2021) to RM160 (2025)
Liquidity: Moderate
55 transactions over 4 years (~14/year)
55% below Seberang Perai Selatan average
This project: RM160 PSF vs Seberang Perai Selatan median: RM354 PSF
Est. Total Return: -4.8% p.a. (below FD)
Capital loss (-8.8% p.a.) + rental yield (~4% p.a.)
TMN GAMELAN INDAH delivers a modest estimated total return of -4.8% p.a. — comprising -8.8% capital depreciation and ~4% rental yield over 4 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 55% below the Seberang Perai Selatan average — potentially undervalued. Best suited for long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Nov 2025 | Low-Cost Flat | Freehold | 624 | RM192 | RM120K |
| Jun 2025 | Low-Cost Flat | Freehold | 624 | RM160 | RM100K |
| May 2025 | 2 - 2 1/2 Storey Terraced | Freehold | 1,679 | RM292 | RM490K |
| May 2025 | Low-Cost Flat | Freehold | 624 | RM149 | RM93K |
| Jan 2025 | Low-Cost Flat | Freehold | 624 | RM96 | RM60K |
50 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 55 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Selatan & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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