UL-RESIDENCE

Timur Laut, Penang · Freehold · 11 transactions

Median Price

RM1.50M

RM1.49M – RM1.70M

Median PSF

RM408

RM390 – RM447

Transactions

11

2021-05 to 2024-10

Size Range

3430 – 3871

sq.ft (built-up)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for UL-RESIDENCE

Investment Return

Earliest PSF (2021)

RM437

Current PSF (2024)

RM507

Capital Gain

+16.0%

Total Return (est.)

9.3% p.a.

Capital appreciation (3 years)+16.0%
Annualised capital return+5.3% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)9.3% p.a.
vs Fixed Deposit (3.5% p.a. x 3yr)+17.5%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
3,450 sqft2RM1.50MRM437
3,700 sqft6RM1.52MRM408
3,800 sqft2RM1.70MRM447

Market Verdict

PSF Trend: Appreciating

PSF moved from RM437 (2021) to RM507 (2024)

Liquidity: Low

11 transactions over 3 years (~4/year)

11% below Timur Laut average

This project: RM408 PSF vs Timur Laut median: RM459 PSF

Est. Total Return: 9.3% p.a. (beats FD)

Capital gain (5.3% p.a.) + rental yield (~4% p.a.)

Verdict

UL-RESIDENCE delivers a strong estimated total return of 9.3% p.a. — comprising +5.3% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 11% below the Timur Laut 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

Transaction History

Showing 5 of 11
DateTypeTenureSize (sqft)PSFPrice
Oct 2024Town HouseFreehold3,724RM403RM1.50M
Sept 2024Town HouseFreehold3,724RM507RM1.89M
Dec 2023Town HouseFreehold3,724RM400RM1.49M
Oct 2022Town HouseFreehold3,871RM387RM1.50M
Jul 2022Town HouseFreehold3,724RM408RM1.52M

6 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 11 records

3 interactive charts

Scatter, price & PSF vs Timur Laut & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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