Seberang Perai Utara, Penang · Freehold · 20 transactions
Median Price
RM200K
RM170K – RM220K
Median PSF
RM344
RM292 – RM386
Transactions
20
2021-07 to 2024-10
Size Range
570 – 581
sq.ft (built-up)
Data-driven insights for TMN SRI MENERONG
Earliest PSF (2021)
RM267
Current PSF (2024)
RM396
Capital Gain
+48.4%
Total Return (est.)
20.1% p.a.
| Capital appreciation (3 years) | +48.4% |
| Annualised capital return | +16.1% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 20.1% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +49.9% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 550 sqft | 4 | RM220K | RM386 |
| 600 sqft | 16 | RM200K | RM344 |
PSF Trend: Appreciating
PSF moved from RM267 (2021) to RM396 (2024)
Liquidity: Moderate
20 transactions over 3 years (~7/year)
5% below Seberang Perai Utara average
This project: RM344 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 20.1% p.a. (beats FD)
Capital gain (16.1% p.a.) + rental yield (~4% p.a.)
TMN SRI MENERONG delivers a strong estimated total return of 20.1% p.a. — comprising +16.1% capital appreciation and ~4% rental yield over 3 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 | Low-Cost House | Freehold | 570 | RM333 | RM190K |
| Jul 2024 | Low-Cost House | Freehold | 581 | RM396 | RM230K |
| Dec 2023 | Low-Cost House | Freehold | 570 | RM410 | RM234K |
| Nov 2023 | Low-Cost House | Freehold | 581 | RM430 | RM250K |
| Nov 2023 | Low-Cost House | Freehold | 570 | RM386 | RM220K |
15 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 20 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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