1-Storey Semi-D @ Taman Keranji, Alor Setar, Kedah
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Alor Setar, Kedah
Type
Semi-D
Price
RM403k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •1-Storey Semi-D @ Taman Keranji, Alor Setar, Kedah by the developer is a Semi-D development in Alor Setar, Kedah starting from RM403k.
- •With Freehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 34% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM1,300–1,700
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 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 Kedah
Median Household Income
RM4,402/mo
DOSM 2022
Mean Household Income
RM5,550/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| 1-Storey Terrace @ Pendang, Kedah | Pendang | RM270k | New Launch |
| 1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah | Pendang | RM278k | New Launch |
| Taman Dermaga Jaya @ Kuala Kedah | Kuala Kedah | RM350k | New Launch |
Why Consider
- • Affordable freehold semi-detached property in Alor Setar
- • Strategic location in Kedah's state capital city
- • Established residential area with community infrastructure nearby
- • Strong investment potential in growing northern corridor
- • Competitive pricing at RM403,000 for property type
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.