Property Review

Double Storey Terrace @ Taman Saujana Idaman II 4C, Kubang Gajah, Arau, Perlis

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Arau, Perlis

Type

Landed House

Price

RM367k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM367,000 entry price is competitive for double storey terrace houses in Perlis, offering reasonable affordability compared to peninsular counterparts, though the absence of tenure and completion details limits informed valuation assessment.
  • **Location & Connectivity**: Arau offers basic accessibility as a township area, but lacks MRT connectivity and proximity to major commercial hubs, resulting in limited public transportation options and potential challenges for commuters requiring access to larger urban centers.
  • **Risk & Timing**: Critical project information gaps—including unspecified tenure, completion timeline, and developer details—present significant risks for due diligence; buyers should exercise caution until comprehensive documentation and realistic delivery schedules are clarified by the developer.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 36% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM367,000
Perlis MedianRM270,000
Priced 36% above area median

Perlis — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM215,000
2022RM221,000+2.8%
2023RM228,000+3.2%
2024RM234,000+2.6%
2025RM240,000+2.6%
Investment Analysis

Est. Monthly Rental

RM1,100–1,500

Based on similar properties in Perlis

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+11.6%

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 Perlis

Median Household Income

RM4,713/mo

DOSM 2022

Mean Household Income

RM5,664/mo

DOSM 2022

Households Above RM8k

~27%

Estimated for Perlis

Comparable Projects

Similar projects in Perlis

ProjectLocationPrice FromStatus
Single Storey Semi-D & Bungalow @ Taman Sri Gunung, Kangar, PerlisKangarRM438kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Arau, Perlis
  • By Developer

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.