Property Review

1-Storey Terrace, Taman Kifayah @ Jeli, Kelantan

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Jeli, Kelantan

Type

Landed House

Price

RM290k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM290,000 entry price is competitive for landed terrace housing in Kelantan's secondary markets, though the absence of tenure specification and completion timeline details limits clarity on true value proposition and potential ROI.
  • **Location & Connectivity**: Jeli is a rural township with limited urban infrastructure; the project lacks MRT access and proximity to major commercial hubs, making it suitable primarily for owner-occupants seeking affordable housing rather than investment-grade connectivity.
  • **Risk & Timing**: Incomplete project information (no tenure type, no completion date specified) presents execution uncertainty; rural Kelantan location carries moderate liquidity risk, and demand may be constrained to local/migrant workers rather than broader investor interest.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM290,000
Kelantan MedianRM290,000
Priced 0% below area median

Kelantan — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM225,000
2022RM231,000+2.7%
2023RM238,000+3.0%
2024RM244,000+2.5%
2025RM250,000+2.5%
Investment Analysis

Est. Monthly Rental

RM900–1,200

Based on similar properties in Kelantan

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+11.1%

NAPIC data 2021–2025

Price-to-Income

6.7x

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 Kelantan

Median Household Income

RM3,614/mo

DOSM 2022

Mean Household Income

RM4,885/mo

DOSM 2022

Households Above RM8k

~20%

Estimated for Kelantan

Comparable Projects

Similar projects in Kelantan

Why Consider + Risk Factors

Why Consider

  • Located in Jeli, Kelantan
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • 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.