Property Review

2-Storey Semi-D @ Taman Ulu Melaka Indah, Ulu Melaka, Langkawi, Kedah

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Langkawi, Kedah

Type

Semi-D

Price

RM750k+

Tenure

Freehold

Completion

NewProjek Verdict

  • 2-Storey Semi-D @ Taman Ulu Melaka Indah, Ulu Melaka, Langkawi, Kedah by the developer is a Semi-D development in Langkawi, Kedah starting from RM750k.
  • With Freehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 150% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM750,000
Kedah MedianRM300,000
Priced 150% above 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

RM2,300–3,200

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

14.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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 Desa Tanjung, 1-Storey Semi-D @ Kepala Batas, JitraJitraRM380kRecently Completed
Kebun Villa @ Bukit Pinang​Alor SetarRM389kCompleted
2-Storey Terrace @ Taman Permai Saujana, Gurun, KedahGurunRM398kNew Launch
Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership and asset appreciation
  • Langkawi island location offers tourism and lifestyle appeal
  • Competitive RM750,000 price point for semi-detached home
  • Strategic Ulu Melaka area with growing infrastructure development
  • Strong rental potential from tourist and expat demand

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.