Eco Sun
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
Eco World Development
Location
Batu Kawan, Penang
Type
Landed House
Price
TBA
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Pricing details remain unannounced, making value assessment premature; however, landed houses in Batu Kawan typically offer competitive pricing relative to similar developments, though final pricing will be critical to determining competitive positioning in the market.
- •**Location & Connectivity**: Batu Kawan benefits from proximity to the Second Penang Bridge and industrial zones, supporting accessibility and economic activity, but the absence of nearby MRT connectivity limits public transport options compared to more centrally-located Penang projects.
- •**Risk & Timing**: Unspecified completion and tenure details present material uncertainties for buyer planning and investment returns; early-stage projects in this area warrant careful due diligence regarding developer track record and regulatory approvals before commitment.
NewProjek Score
7
Worth Considering
- • Verified developer with established track record
Is this project priced fairly?
Price comparison data not available for this project.
Pulau Pinang — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM470,000 | — |
| 2022 | RM482,000 | +2.6% |
| 2023 | RM495,000 | +2.7% |
| 2024 | RM508,000 | +2.6% |
| 2025 | RM520,000 | +2.4% |
Est. Monthly Rental
—
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021–2025
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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 Penang
Median Household Income
RM6,502/mo
DOSM 2022
Mean Household Income
RM8,267/mo
DOSM 2022
Households Above RM8k
~37%
Estimated for Penang
Why Consider
- • Located in Batu Kawan, Penang
- • By Eco World Development
Risk Factors
- • Under construction — completion delays are possible
- • 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.