Property Review

3-Storey Terrace, Taman Universiti @ Tanjung Malim, Perak

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Tanjung Malim, Perak

Type

Landed House

Price

RM860k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM860,000 for a 3-storey terrace in Tanjung Malim, the property offers competitive pricing for landed residential stock in a secondary town; however, limited comparable data and lack of tenure specification warrant careful valuation assessment before purchase.
  • **Location & Connectivity**: Tanjung Malim's proximity to Universiti Teknologi MARA (UiTM) provides stable tenant demand, but the absence of nearby MRT and limited public transport infrastructure constrains accessibility and may restrict buyer appeal beyond the academic community and local market.
  • **Risk & Timing Factors**: The incomplete project specifications (no stated completion date or tenure type) present execution and legal clarity risks; investors should verify developer credentials and obtain written confirmation of freehold/leasehold status and realistic handover timelines before commitment.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 169% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM860,000
Perak MedianRM320,000
Priced 169% above area median

Perak — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM2,400–3,300

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021–2025

Price-to-Income

15.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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 Perak

Median Household Income

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Rumah Berkembar 1-Tingkat (Fasa 7A) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM454kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Tanjung Malim, Perak
  • By Developer

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.