Timur Laut, Penang · Freehold · 16 transactions
Estimated Market Value
Units (630–840 sqft) estimated at RM502K – RM669K based on median PSF of RM797/sqft (16 verified transactions)
+4.6%
since 2023
Median Price
RM625K
RM515K – RM700K
Median PSF
RM797
RM718 – RM837
Transactions
16
2023-06 to 2026-05
Size Range
630 – 840
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2026 | SOHO/SOFO/SOVO | Freehold | 753 | RM830 | RM625K |
| Apr 2026 | Low-Cost Flat | Freehold | 657 | RM487 | RM320K |
| Apr 2026 | SOHO/SOFO/SOVO | Freehold | 840 | RM834 | RM700K |
| Jan 2026 | SOHO/SOFO/SOVO | Freehold | 840 | RM911 | RM765K |
| Aug 2025 | Low-Cost Flat | Freehold | 657 | RM426 | RM280K |
| May 2025 | Low-Cost Flat | Freehold | 657 | RM111 | RM73K |
| May 2025 | Low-Cost Flat | Freehold | 657 | RM114 | RM75K |
| Jun 2024 | Serviced Apartment | Freehold | 836 | RM837 | RM700K |
8 more transactions hidden
URBAN SUITES @ JELUTONG · 16 transactions
vs RM200–500 valuer fee
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Investment ROI since first transaction
Capital gain 2023–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Timur Laut average
All 16 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Timur Laut & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Best value
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Data-driven insights for URBAN SUITES @ JELUTONG
Earliest PSF (2023)
RM797
Current PSF (2026)
RM834
Capital Gain
+4.6%
Total Return (est.)
5.5% p.a.
| Capital appreciation (3 years) | +4.6% |
| Annualised capital return | +1.5% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 5.5% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +6.1% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM2,100/mo
Rent Range
RM1700-2500
25th – 75th pct
Rent PSF
RM2.66
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,800/mo |
| Semi Furnished | RM2,100/mo |
| Fully Furnished | RM2,600/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 650 sqft | 5 | RM280K | RM426 |
| 750 sqft | 3 | RM600K | RM797 |
| 850 sqft | 8 | RM700K | RM837 |
PSF Trend: Stable
PSF moved from RM797 (2023) to RM834 (2026)
Liquidity: Moderate
16 transactions over 3 years (~5/year)
74% above Timur Laut average
This project: RM797 PSF vs Timur Laut median: RM457 PSF
Est. Total Return: 5.5% p.a. (beats FD)
Capital gain (1.5% p.a.) + rental yield (~4% p.a.)
URBAN SUITES @ JELUTONG delivers a moderate estimated total return of 5.5% p.a. — comprising +1.5% 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 at a significant 74% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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