Property Review

Double Storey Semi-D @ Taman Kulim Utama II, Kulim, Kedah

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Kulim, Kedah

Type

Semi-D

Price

RM778k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM778,000 for a double storey semi-detached house in Kulim represents competitive pricing for freehold properties in Kedah, offering reasonable value for the property type, though without completion timeline details, cost escalation risks cannot be fully assessed.
  • **Location & Connectivity**: Taman Kulim Utama II benefits from Kulim's established residential infrastructure and proximity to local amenities, but the absence of MRT connectivity limits accessibility to major employment centres, making it primarily suitable for local or independent commuters.
  • **Risk & Timing**: The lack of a specified completion date presents uncertainty for buyers regarding investment returns and occupancy timelines; this information gap warrants clarification from the developer before commitment, particularly given Kedah's slower capital appreciation compared to Selangor and KL markets.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 159% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM778,000
Kedah MedianRM300,000
Priced 159% above area median

Kedah — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM235,000
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM2,400–3,300

Based on similar properties in Kedah

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+10.6%

Verified data 2021–2025

Price-to-Income

14.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
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 Kedah

Median Household Income

RM4,402/mo

DOSM 2022

Mean Household Income

RM5,550/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Kedah

Comparable Projects

Similar projects in Kedah

ProjectLocationPrice FromStatus
Taman Serdang, 1-Storey Semi-D @ Bandar Baharu, Serdang, KedahSerdangRM399kCompleted
Taman Pelangi @ Jitra, KedahJitraRM446kRecently Completed
SP Saujana Permai, Double Storey Cluster @ Sungai Petani, KedahSungai PetaniRM589kCompleted
Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures long-term ownership security and asset appreciation
  • Affordable semi-D pricing at RM778k in growing Kulim area
  • Strategic Kedah location near commercial and industrial development zones
  • Established Taman Kulim Utama II community with proven track record
  • Strong investment potential in emerging northern corridor property market

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 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.