Property Review

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

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Kulim, Kedah

Type

Semi-D

Price

RM778k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM778,000 for a freehold double storey semi-detached unit, the pricing appears competitive for the Kulim market; however, without comparable recent sales data and given the lack of premium amenities typically justifying higher valuations, investors should verify the price-to-built-up ratio against similar properties in the area.
  • **Location & Connectivity**: Kulim offers established residential infrastructure and proximity to commercial zones, but the absence of nearby MRT or rapid transit connectivity limits accessibility compared to projects in Klang Valley or Penang, potentially affecting long-term appreciation and tenant demand for rental investments.
  • **Risk & Timing**: The unspecified completion date presents uncertainty regarding occupancy timelines and potential cost escalations; buyers should clarify this timeline before commitment, and market timing should consider Kedah's slower property appreciation rates relative to major Malaysian metropolitan areas.

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

13.2x

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

RM4,895/mo

DOSM 2024

Mean Household Income

RM5,793/mo

DOSM 2024

Households Above RM8k

~28%

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 and asset appreciation
  • Affordable semi-D pricing at RM778,000 in growing Kulim
  • Established residential area with proven community infrastructure
  • Strong investment potential in Kedah's developing property market
  • Strategic location balancing urban access with suburban living

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.