Seberang Perai Utara, Penang · Freehold · 5 transactions
Median Price
RM645K
RM550K – RM690K
Median PSF
RM383
RM352 – RM411
Transactions
5
2022-04 to 2024-10
Size Range
840 – 1830
sq.ft (built-up)
Data-driven insights for TMN LEAN FUNG (BW SEC. 1)
Earliest PSF (2022)
RM328
Current PSF (2024)
RM411
Capital Gain
+25.5%
Total Return (est.)
16.7% p.a.
| Capital appreciation (2 years) | +25.5% |
| Annualised capital return | +12.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 16.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +26.5% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,700 sqft | 2 | RM690K | RM411 |
| 1,850 sqft | 2 | RM700K | RM383 |
PSF Trend: Appreciating
PSF moved from RM328 (2022) to RM411 (2024)
Liquidity: Low
5 transactions over 2 years (~3/year)
5% above Seberang Perai Utara average
This project: RM383 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 16.7% p.a. (beats FD)
Capital gain (12.7% p.a.) + rental yield (~4% p.a.)
TMN LEAN FUNG (BW SEC. 1) delivers a strong estimated total return of 16.7% p.a. — comprising +12.7% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is in line with the Seberang Perai Utara average, suggesting fair market pricing. 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 |
|---|---|---|---|---|---|
| Oct 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,830 | RM383 | RM700K |
| Jun 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,830 | RM352 | RM645K |
| May 2024 | 2 - 2 1/2 Storey Terraced | Freehold | 1,679 | RM411 | RM690K |
| Apr 2024 | 1 - 1 1/2 Storey Terraced | Freehold | 840 | RM560 | RM470K |
| Apr 2022 | 2 - 2 1/2 Storey Terraced | Freehold | 1,679 | RM328 | RM550K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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