Property Review

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

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Tanjung Malim, Perak

Type

Landed House

Price

RM860k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM860,000 entry price is competitive for a 3-storey terrace in a secondary market, offering reasonable value for owner-occupants, though capital appreciation potential may be limited compared to properties in major urban centres.
  • **Location & Connectivity**: Tanjung Malim offers proximity to Universiti Teknologi MARA (UiTM) and established amenities, but lacks MRT connectivity and relies on personal transport; accessibility to Klang Valley is moderate at approximately 90km, limiting convenience for work commuters.
  • **Risk & Timing**: Absence of specified tenure details and completion timeline introduces uncertainty regarding legal ownership structure and project delivery; buyers should clarify these critical terms before commitment, and demand may depend heavily on UiTM-related demand cycles.

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 (Verified)

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%

Verified 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
The Gulf @ IpohIpohRM485kCompleted
Oak @ Bandar Baru Sri Klebang, IpohIpohRM495kNew Launch
Primrose @ Bandar Baru Sri Klebang, IpohIpohRM514kNew Launch
Why Consider + Risk Factors

Why Consider

  • University town location offers strong rental demand from students
  • Strategic Perak location with growth potential and affordable pricing
  • 3-storey design maximizes space for family or investment returns
  • RM860,000 entry price competitive for landed property in Malaysia
  • Established residential area with existing amenities and infrastructure

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 the government, 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.