Property Review

1-Storey Terrace @ Pendang, Kedah

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Pendang, Kedah

Type

Landed House

Price

RM270k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM270,000 entry point is competitively positioned for a 1-storey terrace in Kedah's secondary market, offering reasonable affordability for first-time buyers, though long-term appreciation potential remains moderate given the location tier and leasehold tenure structure.
  • **Location & Connectivity**: Pendang offers basic accessibility within Kedah state, but lacks proximity to major urban centers, MRT networks, or significant commercial hubs, limiting appeal to commuters and potentially restricting tenant demand if investment-focused.
  • **Risk & Timing**: Absence of specified completion date creates uncertainty for planning and occupancy timelines; leasehold tenure presents gradual depreciation concerns as the lease matures, and market absorption in this tier requires careful consideration of local demand cycles and developer execution track record.

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 (Verified)

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%

Verified 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
Taman Sejahtera @ KedahDaerah SikRM235kCompleted
1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, KedahPendangRM278kNew Launch
Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, JitraJitraRM370kRecently Completed
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 the government, 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.