Edenova, Double Storey Semi-D @ Bintulu, Sarawak
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Bintulu, Sarawak
Type
Semi-D
Price
RM1.7 mil+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM1.69 million for a double storey semi-D in Bintulu, the pricing appears competitive for the regional market, though leasehold tenure (versus freehold) may limit long-term appreciation potential and future resale value compared to similar properties in more developed markets.
- •**Location & Connectivity**: Bintulu offers limited urban connectivity with no MRT access, relying primarily on road networks; while the location may suit end-users seeking affordability and quieter living, it restricts investor appeal and liquidity due to lower commercial and industrial activity compared to major Malaysian cities.
- •**Risk & Timing**: The unspecified completion timeline presents execution risk and potential delays common in Sarawak developments; buyers should seek clarity on completion dates before commitment, as the regional property market has shown slower absorption rates and longer holding periods than peninsular markets.
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced 333% above area median — premium pricing
Is this project priced fairly?
Sarawak — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM310,000 | — |
| 2022 | RM318,000 | +2.6% |
| 2023 | RM325,000 | +2.2% |
| 2024 | RM333,000 | +2.5% |
| 2025 | RM340,000 | +2.1% |
Est. Monthly Rental
RM5,700–7,800
Based on similar properties in Sarawak
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9.7%
NAPIC data 2021–2025
Price-to-Income
28.3x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | No |
| RM10,000 | RM1.5 mil | No |
| 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 Sarawak
Median Household Income
RM4,978/mo
DOSM 2022
Mean Household Income
RM6,457/mo
DOSM 2022
Households Above RM8k
~28%
Estimated for Sarawak
Similar projects in Sarawak
| Project | Location | Price From | Status |
|---|---|---|---|
| SouthLake Twin Villas @ Southlake Permyjaya | Miri | RM1.0 mil | New Launch |
| SouthLake River Villas @ Southlake Permyjaya | Miri | RM1.5 mil | New Launch |
| Nexus Business Park, Double Storey Semi-D Commercial cum Showroom @ Miri, Sarawak | Miri | RM1.8 mil | New Launch |
Why Consider
- • Strategic Bintulu location with growing commercial and residential development
- • Competitive pricing for spacious double storey semi-detached property
- • Leasehold tenure offering affordable entry into Sarawak property market
- • Strong investment potential in Bintulu's expanding economic zone
- • Modern semi-D design suitable for families and investors
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
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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.