GurunEast Commercial Hub, 2-Storey Commercial Shoplot @ Gurun, Kedah
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Gurun, Kedah
Type
Landed House
Price
RM699k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM699,000 entry price is competitive for a 2-storey commercial shoplot in Kedah, though pricing appears moderate relative to similar units in more established commercial zones; however, limited transparency on exact built-up area and specifications restricts definitive valuation assessment.
- •**Location & Connectivity**: Gurun offers established commercial activity and local market demand, but lacks major transport infrastructure (no MRT access noted) and is positioned outside Kedah's primary urban corridors of Alor Setar and Ipoh; connectivity relies on road networks, limiting appeal to buyers seeking high-traffic locations.
- •**Risk & Timing**: Absent completion timeline and tenure clarification creates uncertainty for investment planning and financing; commercial shoplot viability depends heavily on tenant demand in a secondary town, presenting moderate-to-high occupancy risk compared to prime commercial districts.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 133% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM2,200–2,900
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021–2025
Price-to-Income
13.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Stretch |
| 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 Kedah
Median Household Income
RM4,402/mo
DOSM 2022
Mean Household Income
RM5,550/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| Taman Dermaga Jaya @ Kuala Kedah | Kuala Kedah | RM350k | New Launch |
| Casa Impian 2, Double Storey Terrace @ Sungai Petani, Kedah | Sungai Petani | RM356k | Completed |
| Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra | Jitra | RM370k | Recently Completed |
Why Consider
- • Located in Gurun, Kedah
- • 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.