Property Review

Cypress @ Bandar Baru Sri Klebang, Ipoh

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Landed House

Price

RM421k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing of RM421,000 offers accessible affordability for first-time buyers in Ipoh's market; however, the absence of specified tenure details and completion timeline creates uncertainty around actual value assessment and long-term appreciation potential.
  • **Location & Connectivity**: Bandar Baru Sri Klebang provides suburban positioning within Ipoh with road-based accessibility, but the lack of nearby MRT connectivity limits public transport options and may restrict buyer appeal compared to projects with rail access or proximity to Ipoh's commercial core.
  • **Risk & Timing**: Incomplete project information regarding tenure (freehold/leasehold) and delivery timeline presents material gaps for investment decision-making; buyers should verify these specifications and assess Perak's property market maturity before committing, as secondary market liquidity may be constrained relative to Klang Valley developments.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 32% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM421,000
Perak MedianRM320,000
Priced 32% 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

RM1,200–1,600

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

7.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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 Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM218kNew Launch
Kampus West City Condominium @ KamparKamparRM228kCompleted
Alpinia @ IpohIpohRM238kNew Launch
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.