Property Review

1-Storey Terrace @ Pendang, Kedah

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Pendang, Kedah

Type

Landed House

Price

RM270k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM270,000 for a 1-storey terrace in Pendang, the project offers affordable entry-level pricing typical for rural Kedah markets; however, limited comparable data and absence of detailed specifications make value assessment challenging, and resale appreciation may be constrained by the affordable segment positioning.
  • **Location & Connectivity**: Pendang is a secondary town in Kedah with basic amenities but lacks MRT/LRT connectivity and is positioned away from major commercial hubs; accessibility depends on private vehicle ownership, making it less suitable for those requiring proximity to Kuala Lumpur or Penang employment centers.
  • **Risk & Timing**: The absence of a specified completion date is a significant concern indicating potential project delays or indefinite timelines; combined with leasehold tenure (which depreciates over time) and the developer's limited transparency, buyers face heightened execution and contract

NewProjek Score

6.3

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM270,000
Kedah MedianRM300,000
Priced 10% below 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

RM800–1,100

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

5.1x

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 @ Taman Wawasan II, Kota Sarang Semut, Pendang, KedahPendangRM278kNew Launch
Taman Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Casa Impian 2, Double Storey Terrace @ Sungai Petani, KedahSungai PetaniRM356kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Pendang, Kedah
  • Leasehold title property
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.