Seberang Perai Selatan, Penang · Freehold · 5 transactions
Median Price
RM350K
RM340K – RM500K
Median PSF
RM224
RM217 – RM277
Transactions
5
2022-06 to 2023-12
Size Range
1518 – 3218
sq.ft (built-up)
Data-driven insights for TMN WELLESLEY (SG. BAKAP)
Earliest PSF (2022)
RM277
Current PSF (2023)
RM217
Capital Gain
-21.6%
Total Return (est.)
-17.6% p.a.
| Capital appreciation (1 years) | -21.6% |
| Annualised capital return | -21.6% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | -17.6% p.a. |
| vs Fixed Deposit (3.5% p.a. x 1yr) | -21.1% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
PSF Trend: Declining
PSF moved from RM277 (2022) to RM217 (2023)
Liquidity: Moderate
5 transactions over 1 years (~5/year)
37% below Seberang Perai Selatan average
This project: RM224 PSF vs Seberang Perai Selatan median: RM354 PSF
Est. Total Return: -17.6% p.a. (below FD)
Capital loss (-21.6% p.a.) + rental yield (~4% p.a.)
TMN WELLESLEY (SG. BAKAP) delivers a modest estimated total return of -17.6% p.a. — comprising -21.6% capital depreciation and ~4% rental yield over 1 years. This underperforms fixed deposits (3.5% p.a.), suggesting limited investment appeal at current prices. PSF trades 37% below the Seberang Perai Selatan 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 |
|---|---|---|---|---|---|
| Dec 2023 | Detached | Freehold | 3,218 | RM93 | RM300K |
| Oct 2023 | Detached | Freehold | 1,808 | RM359 | RM650K |
| May 2023 | Detached | Freehold | 1,615 | RM217 | RM350K |
| Nov 2022 | Detached | Freehold | 1,518 | RM224 | RM340K |
| Jun 2022 | Detached | Freehold | 1,808 | RM277 | RM500K |
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 5 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Selatan & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.