SouthLake Terrace @ SouthLake Permyjaya
From
RM587k
Price From
RM587k
Built-Up
2,426 sqft
Price Insights
Developer Asking Price
RM242/sqft
Based on RM587k ÷ 2,426 sqft
Sarawak Market Range
RM280–480/sqft
Q3 2025 median (high-rise residential)
Based on Miri, Sarawak market data, similar properties transact at RM280–RM480 psf. This project is priced within the market range for the area.
SouthLake Terrace @ SouthLake Permyjaya Review — Worth Buying?
NP Score
5/10
Moderate
Asking PSF
RM242
per sqft
The honest verdict
Value & Pricing
Entry-level pricing at RM587,000 offers competitive positioning for landed houses in Miri's residential market, though the absence of tenure details and completion timeline information limits assessment of long-term value retention and cost-benefit analysis.
Location & Connectivity
Miri's growing residential expansion supports locational fundamentals, however the lack of nearby MRT or public transport infrastructure indicates reliance on private vehicles, potentially limiting accessibility and appeal to transit-dependent buyers.
Risk & Timing
Undefined completion dates and missing tenure specifications present material execution risks; buyers should exercise caution regarding developer track record and obtain comprehensive contractual clarifications before commitment, particularly given Sarawak's relatively smaller property market liquidity compared to peninsular Malaysia.
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- Area income profile (DOSM)
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Project Details
Property Type
Landed House
Construction Status
New Launch
Bumi Discount
Not Available
SouthLake Terrace @ SouthLake Permyjaya Video Tour
Watch a video tour of SouthLake Terrace @ SouthLake Permyjaya in Miri, Sarawak. Landed House by Developer.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider SouthLake Terrace @ SouthLake Permyjaya?
Based on location data and market analysis
- ✓Located in Miri, Sarawak
- ✓By Developer — verified developer on NewProjek
- ✓Landed House development
Investment Snapshot
Based on verified transaction data for Sarawak
Est. Monthly Rental
RM2,000–2,700
Based on similar properties in Sarawak
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Airbnb Estimate
RM2,300/mo
RM130/night × 60% occupancy · 4.7% gross yield
Area Price Trend
+9.7%
Verified sold prices 2021–2025
Price-to-Income
8.9x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Sarawak (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Miri
Browse real verified transaction prices for nearby properties
Can I afford this?
Estimate only — actual bank approval depends on your credit profile and existing commitments.
Est. monthly repayment
RM 2,403/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 4,005/mo
Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.
Check with your real income →Estimated cash needed upfront
Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).
Full stamp duty & legal fee breakdown →Frequently Asked Questions
What is the price of SouthLake Terrace @ SouthLake Permyjaya?▼
SouthLake Terrace @ SouthLake Permyjaya starts from RM587k. Contact the developer directly on NewProjek for the latest pricing.
Where is SouthLake Terrace @ SouthLake Permyjaya located?▼
SouthLake Terrace @ SouthLake Permyjaya is located in Miri, Sarawak, Malaysia.
Who is the developer of SouthLake Terrace @ SouthLake Permyjaya?▼
SouthLake Terrace @ SouthLake Permyjaya is developed by Developer.
What type of property is SouthLake Terrace @ SouthLake Permyjaya?▼
SouthLake Terrace @ SouthLake Permyjaya is a Landed House development.
What is the construction status of SouthLake Terrace @ SouthLake Permyjaya?▼
SouthLake Terrace @ SouthLake Permyjaya is currently New Launch.
Berapa harga SouthLake Terrace @ SouthLake Permyjaya?▼
SouthLake Terrace @ SouthLake Permyjaya dijual bermula dari RM587k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
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Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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