๐Ÿ“Š Property Intelligence Report

Jade Ridge 2

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Sungai Petani, Kedah

Type

Landed House

Price

TBA

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Jade Ridge 2 presents a residential opportunity in Sungai Petani, though prospective buyers should note several incomplete specifications including pricing, tenure details, and project completion timeline. The absence of MRT connectivity may limit appeal for those seeking convenient public transport access, though the landed house format could attract buyers prioritizing space and privacy. Interested parties are advised to request comprehensive project documentation from the developer before making investment decisions.

๐ŸŸข LOW RISK
  • โ€ข Developer verification status not confirmed
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

โ€”

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

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
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

Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Sungai Petani, Kedah
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • 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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