Ardence Cahya Residence, Double Storey Terrace House @ Miri, Sarawak
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Miri, Sarawak
Type
Landed House
Price
RM666k+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •Ardence Cahya Residence, Double Storey Terrace House @ Miri, Sarawak by the developer is a Landed House development in Miri, Sarawak starting from RM666k.
- •With Leasehold tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced 71% above area median — premium pricing
Is this project priced fairly?
Sarawak — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM310,000 | — |
| 2022 | RM318,000 | +2.6% |
| 2023 | RM325,000 | +2.2% |
| 2024 | RM333,000 | +2.5% |
| 2025 | RM340,000 | +2.1% |
Est. Monthly Rental
RM2,300–3,100
Based on similar properties in Sarawak
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9.7%
NAPIC data 2021–2025
Price-to-Income
11.1x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 Sarawak
Median Household Income
RM4,978/mo
DOSM 2022
Mean Household Income
RM6,457/mo
DOSM 2022
Households Above RM8k
~28%
Estimated for Sarawak
Similar projects in Sarawak
| Project | Location | Price From | Status |
|---|---|---|---|
| SouthLake Terrace @ SouthLake Permyjaya | Miri | RM587k | New Launch |
| Springfield Residence, SOHO Apartment @ Tmn Seng Goon, Kuching, Sarawak | Kuching | RM649k | New Launch |
| Aurum Pine Residence, 2-Storey Terrace @ Miri, Sarawak | Miri | RM698k | New Launch |
Why Consider
- • Strategic Miri location with growing commercial and residential development
- • Affordable double storey terrace at RM666,000 entry price
- • Leasehold property in emerging Sarawak real estate market
- • Strong rental potential in developing Miri area
- • Suitable for first-time homebuyers and investors alike
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
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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.