Timur Laut, Penang · Freehold · 28 transactions
Median Price
RM1.02M
RM994K – RM1.15M
Median PSF
RM954
RM934 – RM977
Transactions
28
2022-04 to 2024-09
Size Range
1055 – 1270
sq.ft (built-up)
Data-driven insights for WATERSIDE RESIDENCE
Earliest PSF (2022)
RM953
Current PSF (2024)
RM960
Capital Gain
+0.8%
Total Return (est.)
4.4% p.a.
| Capital appreciation (2 years) | +0.8% |
| Annualised capital return | +0.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 4.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +1.8% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 1,050 sqft | 17 | RM1.01M | RM954 |
| 1,250 sqft | 10 | RM1.20M | RM961 |
PSF Trend: Stable
PSF moved from RM953 (2022) to RM960 (2024)
Liquidity: Moderate
28 transactions over 2 years (~14/year)
108% above Timur Laut average
This project: RM954 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 4.4% p.a. (beats FD)
Capital gain (0.4% p.a.) + rental yield (~4% p.a.)
WATERSIDE RESIDENCE delivers a moderate estimated total return of 4.4% p.a. — comprising +0.4% capital appreciation and ~4% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades at a significant 108% premium over the Timur Laut average — upside may be limited unless the area appreciates. Best suited for long-term holders, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Sept 2024 | Condominium/Apartment | Freehold | 1,270 | RM890 | RM1.13M |
| Jul 2024 | Condominium/Apartment | Freehold | 1,270 | RM866 | RM1.10M |
| May 2024 | Condominium/Apartment | Freehold | 1,249 | RM961 | RM1.20M |
| Apr 2024 | Condominium/Apartment | Freehold | 1,249 | RM953 | RM1.19M |
| Mar 2024 | Condominium/Apartment | Freehold | 1,055 | RM1086 | RM1.15M |
23 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 28 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
Instant access. No subscription.