Kulim, Kedah · Freehold · 23 transactions
Median Price
RM197K
RM149K – RM469K
Median PSF
RM260
RM229 – RM376
Transactions
23
2021-08 to 2024-05
Size Range
646 – 2207
sq.ft (built-up)
Data-driven insights for TMN LUNAS INDAH
Earliest PSF (2021)
RM537
Current PSF (2024)
RM340
Capital Gain
-36.6%
Total Return (est.)
-7.9% p.a.
| Capital appreciation (3 years) | -36.6% |
| Annualised capital return | -12.2% p.a. |
| Est. gross rental yield | 4.3% p.a. |
| Est. total return (capital + rental) | -7.9% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -34.2% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Kedah district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 14 | RM149K | RM231 |
| 1,150 sqft | 5 | RM469K | RM403 |
| 2,200 sqft | 3 | RM625K | RM283 |
PSF Trend: Declining
PSF moved from RM537 (2021) to RM340 (2024)
Liquidity: Moderate
23 transactions over 3 years (~8/year)
29% below Kulim average
This project: RM260 PSF vs Kulim median: RM365 PSF
Est. Total Return: -7.9% p.a. (below FD)
Capital loss (-12.2% p.a.) + rental yield (~4.3% p.a.)
TMN LUNAS INDAH delivers a modest estimated total return of -7.9% p.a. — comprising -12.2% capital depreciation and ~4.3% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 29% below the Kulim average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2024 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 2,207 | RM340 | RM750K |
| Oct 2023 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 1,163 | RM404 | RM470K |
| Jun 2023 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 1,163 | RM403 | RM469K |
| Apr 2023 | Low-Cost House | Freehold | 646 | RM231 | RM149K |
| Mar 2023 | Low-Cost House | Freehold | 646 | RM229 | RM148K |
18 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 23 records
3 interactive charts
Scatter, price & PSF vs Kulim & Kedah
Percentile breakdown
25th, 50th, 75th price & PSF
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