WISMA LAM HONG
Timur Laut, Penang · Freehold · 6 transactions
Median Price
RM280K
RM255K – RM300K
Median PSF
RM413
RM370 – RM442
Transactions
6
2022-07 to 2025-07
Size Range
678 – 689
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for WISMA LAM HONG
Investment Return
Earliest PSF (2022)
RM370
Current PSF (2025)
RM457
Capital Gain
+23.5%
Total Return (est.)
11.8% p.a.
| Capital appreciation (3 years) | +23.5% |
| Annualised capital return | +7.8% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 11.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +25.0% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield estimated from Penang district averages.
Market Verdict
PSF Trend: Appreciating
PSF moved from RM370 (2022) to RM457 (2025)
Liquidity: Low
6 transactions over 3 years (~2/year)
10% below Timur Laut average
This project: RM413 PSF vs Timur Laut median: RM459 PSF
Est. Total Return: 11.8% p.a. (beats FD)
Capital gain (7.8% p.a.) + rental yield (~4% p.a.)
Verdict
WISMA LAM HONG delivers a strong estimated total return of 11.8% p.a. — comprising +7.8% 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 10% 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 6| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jul 2025 | Flat | Freehold | 678 | RM457 | RM310K |
| Mar 2023 | Flat | Freehold | 678 | RM413 | RM280K |
| Mar 2023 | Flat | Freehold | 678 | RM442 | RM300K |
| Mar 2023 | Flat | Freehold | 678 | RM369 | RM250K |
| Aug 2022 | Flat | Freehold | 689 | RM370 | RM255K |
1 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 6 records
3 interactive charts
Scatter, price & PSF vs Timur Laut & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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