Double Storey Semi-D @ Taman Kulim Utama II, Kulim, Kedah
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Kulim, Kedah
Type
Semi-D
Price
RM778k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: RM778,000 entry point is competitive for freehold semi-detached housing in Kedah, offering reasonable value compared to similar properties in more established northern states, though appreciation potential may be moderate given the secondary location.
- •**Location & Connectivity**: Kulim is a developing township with industrial and commercial growth, but lacks direct MRT/LRT access and relies on road connectivity; accessibility to Kuala Lumpur and major employment hubs requires 3+ hours travel, limiting appeal for urban commuters.
- •**Risk & Timing**: Completion timeline is unspecified, creating uncertainty for buyers; the project's success depends heavily on Kulim's continued industrial development and population growth, which remains less proven than established property markets, and carries higher execution and market absorption risk.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 159% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
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%
NAPIC data 2021–2025
Price-to-Income
14.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| 2-Storey Terrace @ Taman Permai Saujana, Gurun, Kedah | Gurun | RM398k | New Launch |
| Taman Serdang, 1-Storey Semi-D @ Bandar Baharu, Serdang, Kedah | Serdang | RM399k | Completed |
| 1-Storey, Semi-D & Bungalow @ Pendang, Kedah | Pendang | RM399k | New Launch |
Why Consider
- • Freehold tenure ensures long-term ownership security and asset appreciation
- • Affordable semi-detached pricing at RM778,000 entry point
- • Established residential area with developed community infrastructure
- • Strategic Kedah location offers emerging property investment potential
- • Spacious double storey design ideal for families
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.