TMN SRI CERAYA
Seberang Perai Utara, Penang · Freehold · 8 transactions
Median Price
RM180K
RM85K – RM438K
Median PSF
RM299
RM141 – RM522
Transactions
8
2022-02 to 2024-08
Size Range
603 – 840
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for TMN SRI CERAYA
Investment Return
Earliest PSF (2022)
RM522
Current PSF (2024)
RM166
Capital Gain
-68.2%
Total Return (est.)
-30.1% p.a.
| Capital appreciation (2 years) | -68.2% |
| Annualised capital return | -34.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -30.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | -67.2% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 600 sqft | 5 | RM85K | RM141 |
| 850 sqft | 3 | RM438K | RM522 |
Market Verdict
PSF Trend: Declining
PSF moved from RM522 (2022) to RM166 (2024)
Liquidity: Low
8 transactions over 2 years (~4/year)
18% below Seberang Perai Utara average
This project: RM299 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: -30.1% p.a. (below FD)
Capital loss (-34.1% p.a.) + rental yield (~4% p.a.)
Verdict
TMN SRI CERAYA delivers a modest estimated total return of -30.1% p.a. — comprising -34.1% capital depreciation and ~4% rental yield over 2 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 18% below the Seberang Perai Utara average — potentially undervalued. Best suited for long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 8| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Aug 2024 | Low-Cost Flat | Freehold | 603 | RM299 | RM180K |
| Jun 2024 | Low-Cost Flat | Freehold | 603 | RM141 | RM85K |
| Apr 2024 | Low-Cost Flat | Freehold | 603 | RM166 | RM100K |
| Jul 2023 | Low-Cost Flat | Freehold | 603 | RM133 | RM80K |
| Oct 2022 | 1 - 1 1/2 Storey Terraced | Freehold | 840 | RM536 | RM450K |
3 more transactions hidden
Full Report Includes
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
Instant access. No subscription.