Property Review

D'Festivo Residences @ Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Condominium

Price

RM366k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: The entry price of RM366,000 is competitive for Ipoh's residential market and offers reasonable affordability compared to larger metropolitan areas; however, without specified tenure details and completion timeline, the true value proposition cannot be fully assessed.
  • **Location & Connectivity**: Ipoh's central location within Perak provides good regional accessibility, but the absence of nearby MRT connectivity and reliance on road-based transport may limit long-term appreciation potential compared to properties along planned public transit corridors.
  • **Risk & Timing**: Key project details including tenure type and completion date are not publicly disclosed, creating uncertainty for buyers regarding investment timeline and legal ownership structure; this lack of transparency represents a material risk that requires clarification before commitment.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 31% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM366,000
Perak MedianRM280,000
Priced 31% 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

RM1,000–1,400

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

6.8x

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
Projek Perumahan Perwira, 1-storey Terrace @ Segari, Lumut, PerakLumutRM203kCompleted
Rumah Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM218kNew Launch
Kampus West City Condominium @ KamparKamparRM228kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Developer

Risk Factors

  • 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.