Seberang Perai Utara, Penang · Freehold · 8 transactions
Median Price
RM160K
RM135K – RM175K
Median PSF
RM214
RM183 – RM250
Transactions
8
2022-02 to 2024-11
Size Range
700 – 1152
sq.ft (built-up)
Data-driven insights for TMN GEMILANG (SPU)
Earliest PSF (2022)
RM214
Current PSF (2024)
RM250
Capital Gain
+16.7%
Total Return (est.)
12.3% p.a.
| Capital appreciation (2 years) | +16.7% |
| Annualised capital return | +8.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 12.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +17.7% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Appreciating
PSF moved from RM214 (2022) to RM250 (2024)
Liquidity: Low
8 transactions over 2 years (~4/year)
41% below Seberang Perai Utara average
This project: RM214 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 12.3% p.a. (beats FD)
Capital gain (8.3% p.a.) + rental yield (~4% p.a.)
TMN GEMILANG (SPU) delivers a strong estimated total return of 12.3% p.a. — comprising +8.3% 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 41% below the Seberang Perai Utara 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 |
|---|---|---|---|---|---|
| Nov 2024 | Flat | Freehold | 700 | RM250 | RM175K |
| Jul 2024 | Flat | Freehold | 710 | RM380 | RM270K |
| Feb 2024 | Flat | Freehold | 710 | RM225 | RM160K |
| Jul 2023 | Flat | Freehold | 710 | RM190 | RM135K |
| Mar 2023 | Flat | Freehold | 710 | RM183 | RM130K |
3 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 8 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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