Property Review

Enclave Residen (Enclave II) @ Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Bungalow

Price

RM1.5 mil+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM1.54M starting price for bungalows in Ipoh is competitively positioned for the mid-range residential market, though pricing appears standard rather than exceptional; value proposition depends on finishes and land size which are not detailed.
  • **Location & Connectivity**: Ipoh city location offers established infrastructure and amenities, but the absence of MRT connectivity limits accessibility compared to Klang Valley properties; reliance on personal vehicles and local roads may appeal primarily to Ipoh-based buyers.
  • **Risk & Timing**: Absence of specified completion date and tenure details creates uncertainty for investment decision-making; lack of transparent project timeline increases execution risk and makes it difficult to assess market conditions at delivery.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 381% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

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

Perak — Median Condo Prices (NAPIC)

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%

NAPIC data 2021–2025

Price-to-Income

28.6x

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

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Perak

Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • 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 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.