2-Storey Terrace @ Taman Ulu Melaka Indah, Ulu Melaka, Langkawi, Kedah
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Langkawi, Kedah
Type
Landed House
Price
RM550k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM550,000 is competitive for freehold terrace housing in Langkawi, offering reasonable affordability relative to comparable landed properties in the region, though long-term capital appreciation may be moderate given the market's reliance on tourism cycles.
- •**Location & Connectivity**: Ulu Melaka is a developing residential area with limited public transportation infrastructure and no MRT access, requiring private vehicle dependency; proximity to Langkawi's main attractions and commercial centers should be verified as a critical factor for both lifestyle convenience and resale appeal.
- •**Risk & Timing**: Unspecified completion timeline presents uncertainty regarding project delivery and potential construction delays; additional due diligence on developer track record and legal status is essential before commitment, particularly given Langkawi's seasonal property market fluctuations affecting buyer demand.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 83% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM1,700–2,300
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
10.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| 1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah | Pendang | RM278k | New Launch |
| Taman Dermaga Jaya @ Kuala Kedah | Kuala Kedah | RM350k | New Launch |
| Casa Impian 2, Double Storey Terrace @ Sungai Petani, Kedah | Sungai Petani | RM356k | Completed |
Why Consider
- • Freehold landed property in popular Langkawi tourist destination
- • Affordable RM550k entry point for landed house ownership
- • Strategic location near Langkawi's commercial and leisure areas
- • Strong rental potential from island's tourism and expatriate demand
- • Spacious 2-storey terrace with room for appreciation
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.