Property Review

Jade Ridge 2

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Sungai Petani, Kedah

Type

Landed House

Price

TBA

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing details remain to be announced, limiting assessment of competitive positioning against comparable landed properties in the Sungai Petani market; early-stage projects typically offer better pricing but require careful comparison once rates are revealed.
  • **Location & Connectivity**: Sungai Petani offers established town infrastructure and serves as a secondary commercial hub in Kedah, though the absence of MRT connectivity and reliance on road-based transport may limit appeal to buyers seeking urban accessibility compared to major metro areas.
  • **Risk & Timing**: Material project information including completion timeline and land tenure are not yet specified, presenting execution and ownership clarity risks; prospective buyers should await full disclosure of these critical details before commitment, particularly given the preliminary nature of the launch.

NewProjek Score

5.5

Moderate

  • Developer verification status not confirmed
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

Kedah — Median Condo Prices (NAPIC)

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

Est. Monthly Rental

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

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 Kedah

Median Household Income

RM4,402/mo

DOSM 2022

Mean Household Income

RM5,550/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Kedah

Why Consider + Risk Factors

Why Consider

  • Located in Sungai Petani, Kedah
  • 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.