Seberang Perai Tengah, Penang · Freehold · 16 transactions
Median Price
RM330K
RM120K – RM420K
Median PSF
RM273
RM186 – RM478
Transactions
16
2022-04 to 2025-01
Size Range
646 – 1539
sq.ft (built-up)
Data-driven insights for TMN PINGGIRAN ALMA
Earliest PSF (2022)
RM451
Current PSF (2025)
RM186
Capital Gain
-58.8%
Total Return (est.)
-15.6% p.a.
| Capital appreciation (3 years) | -58.8% |
| Annualised capital return | -19.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -15.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | -57.3% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 8 | RM120K | RM186 |
| 750 sqft | 5 | RM350K | RM478 |
| 1,550 sqft | 2 | RM448K | RM291 |
PSF Trend: Declining
PSF moved from RM451 (2022) to RM186 (2025)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
22% below Seberang Perai Tengah average
This project: RM273 PSF vs Seberang Perai Tengah median: RM350 PSF
Est. Total Return: -15.6% p.a. (below FD)
Capital loss (-19.6% p.a.) + rental yield (~4% p.a.)
TMN PINGGIRAN ALMA delivers a modest estimated total return of -15.6% p.a. — comprising -19.6% capital depreciation and ~4% rental yield over 3 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 22% below the Seberang Perai Tengah 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 |
|---|---|---|---|---|---|
| Jan 2025 | Low-Cost Flat | Freehold | 646 | RM186 | RM120K |
| Jul 2024 | Low-Cost Flat | Freehold | 646 | RM155 | RM100K |
| Jun 2024 | Low-Cost Flat | Freehold | 646 | RM240 | RM155K |
| May 2024 | Low-Cost Flat | Freehold | 646 | RM183 | RM118K |
| May 2024 | Low-Cost Flat | Freehold | 646 | RM217 | RM140K |
11 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 16 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Tengah & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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