Seberang Perai Utara, Penang · Freehold · 35 transactions
Median Price
RM240K
RM150K – RM300K
Median PSF
RM255
RM179 – RM340
Transactions
35
2021-04 to 2025-10
Size Range
517 – 3843
sq.ft (built-up)
Data-driven insights for TMN MEKAR
Earliest PSF (2021)
RM174
Current PSF (2025)
RM295
Capital Gain
+69.1%
Total Return (est.)
21.3% p.a.
| Capital appreciation (4 years) | +69.1% |
| Annualised capital return | +17.3% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 21.3% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +71.1% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 500 sqft | 2 | RM173K | RM335 |
| 600 sqft | 9 | RM180K | RM299 |
| 650 sqft | 2 | RM240K | RM366 |
| 850 sqft | 3 | RM150K | RM174 |
| 900 sqft | 6 | RM278K | RM315 |
| 1,000 sqft | 2 | RM268K | RM265 |
| 3,150 sqft | 3 | RM596K | RM190 |
PSF Trend: Appreciating
PSF moved from RM174 (2021) to RM295 (2025)
Liquidity: Moderate
35 transactions over 4 years (~9/year)
30% below Seberang Perai Utara average
This project: RM255 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 21.3% p.a. (beats FD)
Capital gain (17.3% p.a.) + rental yield (~4% p.a.)
TMN MEKAR delivers a strong estimated total return of 21.3% p.a. — comprising +17.3% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 30% 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 |
|---|---|---|---|---|---|
| Oct 2025 | 2 - 2 1/2 Storey Semi-Detached | Freehold | 3,488 | RM559 | RM1.95M |
| Jul 2025 | 1 - 1 1/2 Storey Terraced | Freehold | 883 | RM295 | RM260K |
| Feb 2025 | 1 - 1 1/2 Storey Terraced | Freehold | 904 | RM293 | RM265K |
| Aug 2024 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 3,143 | RM159 | RM499K |
| Aug 2024 | 1 - 1 1/2 Storey Semi-Detached | Freehold | 3,143 | RM208 | RM654K |
30 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 35 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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