Property Review

D'Festivo Residences @ Ipoh

Powered by verified data + DOSM

Generated 29 July 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 mid-range residential market, offering reasonable value for first-time buyers and investors seeking affordable options, though without tenure and unit size details, true value assessment is limited.
  • **Location & Connectivity**: Ipoh's central location provides good accessibility to major highways and amenities, but the absence of MRT connectivity and reliance on road transport may limit appeal to buyers prioritizing public transit convenience compared to Klang Valley alternatives.
  • **Risk & Timing**: The missing completion date and tenure information present material gaps for investment decision-making; buyers should seek clarification on these fundamentals before commitment, as market conditions in secondary cities can shift during extended development periods.

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 (Verified)

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%

Verified data 2021–2025

Price-to-Income

6.5x

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

RM4,687/mo

DOSM 2024

Mean Household Income

RM6,173/mo

DOSM 2024

Households Above RM8k

~26%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Kampus West City Condominium @ KamparKamparRM228kCompleted
Alpinia @ IpohIpohRM238kNew Launch
Taman Permatang Maju @ SitiawanSitiawanRM259kCompleted
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 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.