Property Review

Indra Avenue 2

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Landed House

Price

RM378k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM378,000 entry price is competitive for landed houses in Ipoh's mid-tier market, though value assessment is limited by unclear specifications regarding unit sizes, finishes, and amenities that typically justify pricing in this range.
  • **Location & Connectivity**: Ipoh's secondary city status provides affordability benefits, but the absence of MRT connectivity and unclear proximity to major highways or commercial centers limits long-term accessibility and potential capital appreciation compared to Klang Valley or Penang developments.
  • **Risk & Timing**: Unspecified tenure (freehold vs. leasehold) and completion timeline present material uncertainties; investors should verify these critical details before commitment, as extended completion delays or unclear land rights could impact financing approval and exit strategy.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM378,000
Perak MedianRM320,000
Priced 18% 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

RM1,100–1,400

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

7.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
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

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Projek Perumahan Perwira, 1-storey Terrace @ Segari, Lumut, PerakLumutRM203kCompleted
Rumah Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM218kNew Launch
Kampus West City Condominium @ KamparKamparRM228kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • 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.