Property Review

Basco Avenue @ Kepayang, Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Landed House

Price

RM2.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM2.12M for landed houses in Ipoh, the pricing is positioned at the premium end of the local market; affordability depends on unit specifications and comparative analysis with nearby developments, though the lack of tenure and completion details limits valuation confidence.
  • **Location & Connectivity**: Kepayang offers reasonable accessibility within Ipoh's established residential corridor with road networks to commercial and administrative areas; however, the absence of MRT connectivity and reliance on personal transport may limit appeal to buyers prioritizing public transit options.
  • **Risk & Timing**: Material project risks exist due to missing tenure information and unspecified completion timeline, which are critical for financing and occupancy planning; prospective buyers should clarify these details with the developer before commitment, as extended timelines could impact market conditions and opportunity costs.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 563% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM2,120,000
Perak MedianRM320,000
Priced 563% 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

RM6,000–8,100

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

39.3x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
RM15,000RM2.3 milStretch
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

Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, 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.