Property Review

1-Storey, Semi-D & Bungalow @ Pendang, Kedah

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

Location

Pendang, Kedah

Type

Landed House

Price

RM399k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM399,000 entry point offers competitive pricing for semi-detached and bungalow units in Kedah, providing reasonable value for first-time homebuyers or investors seeking affordable landed properties, though long-term appreciation potential may be moderate given the location tier.
  • **Location & Connectivity**: Pendang's position in northern Kedah lacks major urban infrastructure and public transportation (no MRT access), limiting connectivity to employment hubs; accessibility depends primarily on personal vehicle ownership, which may constrain appeal to non-car dependent buyers.
  • **Risk & Timing**: Unspecified completion timeline presents execution risk and potential delays in occupancy; leasehold tenure also carries long-term depreciation concerns as lease matures, requiring buyers to factor in potential renewal costs and reduced marketability in later years.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced 33% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM399,000
Kedah MedianRM300,000
Priced 33% above area median

Kedah — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM235,000
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM1,200–1,700

Based on similar properties in Kedah

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+10.6%

NAPIC data 2021–2025

Price-to-Income

7.6x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Kedah

Median Household Income

RM4,402/mo

DOSM 2022

Mean Household Income

RM5,550/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Kedah

Comparable Projects

Similar projects in Kedah

ProjectLocationPrice FromStatus
1-Storey Terrace @ Pendang, KedahPendangRM270kNew Launch
1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, KedahPendangRM278kNew Launch
Taman Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Why Consider + Risk Factors

Why Consider

  • Affordable landed homes from RM399,000 in growing Kedah
  • Strategic Pendang location with connectivity to major towns
  • Spacious semi-detached and bungalow options for families
  • Strong potential for property appreciation in developing area
  • Leasehold properties offering excellent value for first-time buyers

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • Leasehold tenure may depreciate faster than freehold
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.