Alpinia @ Ipoh
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Ipoh, Perak
Type
Landed House
Price
RM238k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM238,000 offers affordability for first-time buyers and investors in the landed housing segment, though long-term capital appreciation potential may be moderate given the price point and Ipoh's secondary market status.
- •**Location & Connectivity**: Ipoh presents established infrastructure and amenities as a state capital, but the absence of MRT connectivity and reliance on road-based transportation limits accessibility compared to major metropolitan areas, potentially affecting tenant demand and resale liquidity.
- •**Risk & Timing**: Critical project risks include unspecified completion timeline and tenure details, which create uncertainty for financing and legal clarity; market timing considerations should account for Ipoh's slower property velocity compared to Klang Valley and Penang markets.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Priced below area median — potential value opportunity
Is this project priced fairly?
Perak — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM255,000 | — |
| 2022 | RM261,000 | +2.4% |
| 2023 | RM267,000 | +2.3% |
| 2024 | RM274,000 | +2.6% |
| 2025 | RM280,000 | +2.2% |
Est. Monthly Rental
RM700–900
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
4.2x
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 Perak
Median Household Income
RM4,687/mo
DOSM 2024
Mean Household Income
RM6,173/mo
DOSM 2024
Households Above RM8k
~26%
Estimated for Perak
Similar projects in Perak
| Project | Location | Price From | Status |
|---|---|---|---|
| Kampus West City Condominium @ Kampar | Kampar | RM228k | Completed |
| Taman Permatang Maju @ Sitiawan | Sitiawan | RM259k | Completed |
| City on The Hills @ Gopeng, Kampar, Perak | Ipoh | RM268k | New Launch |
Why Consider
- • Located in Ipoh, Perak
- • By Developer
Risk Factors
- • Under construction — completion delays are possible
- • 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.