Property Review

1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

β€”

Location

Pendang, Kedah

Type

Landed House

Price

RM278k+

Tenure

β€”

Completion

β€”

NewProjek Verdict

  • β€’**Pricing & Value**: The RM278,000 entry price is competitive for a 1-storey terrace in Kedah's suburban market, offering affordable homeownership; however, the lack of specification on land size and built-up area limits transparency on actual value-for-money assessment.
  • β€’**Location & Connectivity**: Pendang's location in northern Kedah provides a quieter, residential setting but suffers from limited urban connectivityβ€”the absence of MRT access and distance from major commercial hubs may restrict resale appeal and daily convenience compared to properties near Kuala Lumpur or Penang corridors.
  • β€’**Risk & Timing**: Material completion timelines and tenure details are unspecified, creating uncertainty for buyers regarding occupancy dates and long-term ownership security; the project's distance from growth corridors presents moderate long-term appreciation risk despite lower upfront costs.

NewProjek Score

6

Moderate

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

Is this project priced fairly?

Developer PriceRM278,000
Kedah MedianRM300,000
Priced 7% below area median

Kedah β€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM235,000β€”
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM900–1,200

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

5.3x

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 @ Pendang, KedahPendangRM270kNew Launch
Taman Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Casa Impian 2, Double Storey Terrace @ Sungai Petani, KedahSungai PetaniRM356kCompleted
Why Consider + Risk Factors

Why Consider

  • β€’ Located in Pendang, Kedah
  • β€’ By Developer

Risk Factors

  • β€’ Under construction β€” completion delays are possible
  • β€’ No MRT/LRT station listed nearby β€” may affect future demand
πŸ”’

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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.

1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah Property Report β€” Is It Worth Buying? | NewProjek | NewProjek