1-Storey Bungalow, Taman Sri Machang @ Machang, Kelantan
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Machang, Kelantan
Type
Bungalow
Price
RM394k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM394,000 entry price is competitive for a 1-storey bungalow in Kelantan's secondary market, offering reasonable value relative to regional benchmarks, though the absence of specified tenure details limits clarity on long-term asset quality.
- •**Location & Connectivity**: Machang is a rural township with limited public transport infrastructure and no MRT access, making the project dependent on private vehicle ownership; proximity to Kota Bharu (approximately 30km) provides some commercial tie-ins but restricts broader urban connectivity and amenities.
- •**Risk & Timing**: Critical information gaps—undefined completion timeline and tenure structure—present material risks for buyer planning and financing; the rural location also carries absorption risk in a market with limited demand drivers, requiring careful assessment of personal relocation needs versus investment returns.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 36% above area median — premium pricing
Is this project priced fairly?
Kelantan — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM225,000 | — |
| 2022 | RM231,000 | +2.7% |
| 2023 | RM238,000 | +3.0% |
| 2024 | RM244,000 | +2.5% |
| 2025 | RM250,000 | +2.5% |
Est. Monthly Rental
RM1,200–1,700
Based on similar properties in Kelantan
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+11.1%
NAPIC data 2021–2025
Price-to-Income
9.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Kelantan
Median Household Income
RM3,614/mo
DOSM 2022
Mean Household Income
RM4,885/mo
DOSM 2022
Households Above RM8k
~20%
Estimated for Kelantan
Similar projects in Kelantan
| Project | Location | Price From | Status |
|---|---|---|---|
| Raudhah Solihin, Teres 1-Tingkat @ Mahligai, Melor, Kelantan | Melor | RM280k | New Launch |
| 1-Storey Terrace, Taman Kifayah @ Jeli, Kelantan | Jeli | RM290k | New Launch |
| Single & Double Storey Terrace @ Taman Kota Jembal, Kota Bharu, Kelantan | Kota Bahru | RM295k | New Launch |
Why Consider
- • Affordable entry-level bungalow at RM394,000 in growing Kelantan
- • Established residential area with community infrastructure and amenities
- • Strong rental demand potential in developing Machang locality
- • Spacious 1-storey design ideal for families and investors
- • Strategic location for property appreciation in emerging region
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • No MRT/LRT station listed nearby — may affect future demand
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Disclaimer: This report is generated using publicly available data from NAPIC, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.