๐Ÿ“Š Property Intelligence Report

GurunEast Commercial Hub, 2-Storey Commercial Shoplot @ Gurun, Kedah

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Gurun, Kedah

Type

Landed House

Price

RM699k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

GurunEast Commercial Hub offers affordable commercial shoplot opportunities in Gurun, Kedah at competitive entry prices starting from RM699,000, making it accessible for small business owners and investors seeking town-center retail spaces. However, prospective buyers should exercise caution due to critical missing information, including unspecified land tenure, completion timeline, and the absence of nearby public transportation connectivity, which may impact long-term viability and tenant appeal. A thorough due diligence review of these fundamental details with the developer is essential before making an investment decision.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 133% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM699,000
Kedah MedianRM300,000
Priced 133% above area median

Kedah โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM235,000โ€”
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM2,200โ€“2,900

Based on similar properties in Kedah

Gross Rental Yield

3.9%โ€“4.9%

Annual rental / property price

Area Price Trend

+10.6%

NAPIC data 2021โ€“2025

Price-to-Income

13.2x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโš ๏ธ Stretch
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

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

Comparable Projects

Similar projects in Kedah

ProjectLocationPrice FromStatus
Taman Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Casa Impian 2, Double Storey Terrace @ Sungai Petani, KedahSungai PetaniRM356kNew Launch
Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, JitraJitraRM370kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Gurun, Kedah
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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GurunEast Commercial Hub, 2-Storey Commercial Shoplot @ Gurun, Kedah Property Report โ€” Is It Worth Buying? | NewProjek | NewProjek