Property Review

Enclave Residen (Enclave II) @ Ipoh

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Bungalow

Price

RM1.5 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM1.54 million for bungalows in Ipoh, pricing appears competitive for the Perak market, though value proposition depends on unit specifications and finishes which are not detailed; comparable properties in established Ipoh suburbs may offer similar pricing with clearer track records.
  • **Location & Connectivity**: Ipoh's secondary city status limits long-term capital appreciation compared to Klang Valley; absence of MRT connectivity means reliance on personal vehicles, though Ipoh's compact size reduces commute stress for local residents and the proximity to potential economic corridors warrants verification.
  • **Risk & Timing**: Significant information gaps—missing tenure details, completion timeline, and developer track record—present execution and legal risks; the speculative nature of an incomplete project launch in a slower-growth market warrants cautious timing and due diligence before commitment.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
  • Priced 381% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,540,000
Perak MedianRM320,000
Priced 381% above area median

Perak — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM4,400–5,900

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

Verified data 2021–2025

Price-to-Income

27.4x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
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 Perak

Median Household Income

RM4,687/mo

DOSM 2024

Mean Household Income

RM6,173/mo

DOSM 2024

Households Above RM8k

~26%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Serene Villas @ Sunway City Ipoh

Sunway Property

IpohRM773kCompleted
3-Storey Terrace, Taman Universiti @ Tanjung Malim, PerakTanjung MalimRM860kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Developer

Risk Factors

  • 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.