Property Review

1-Storey Terrace @ Pendang, Kedah

Powered by verified data + DOSM

Generated 29 July 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 price is competitive for a 1-storey terrace in Kedah's secondary market, offering affordable landed property access, though pricing should be verified against comparable units in Pendang to confirm value proposition.
  • **Location & Connectivity**: Pendang is a rural township with limited public transport infrastructure and no MRT access, making the location suitable primarily for buyers seeking affordability over urban convenience or those with private vehicle reliance.
  • **Risk & Timing**: Unspecified completion timeline presents execution uncertainty; leasehold tenure (rather than freehold) may limit long-term appreciation potential and resale marketability compared to freehold alternatives in the region.

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

4.6x

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

RM4,895/mo

DOSM 2024

Mean Household Income

RM5,793/mo

DOSM 2024

Households Above RM8k

~28%

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.