Kebun Villa @ Bukit Pinang
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Alor Setar, Kedah
Type
Bungalow
Price
RM389k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM389,000 entry price for bungalows in Alor Setar, the project offers competitive pricing for landed property in Kedah; however, value assessment is limited without clear specifications on land size, built-up area, and unit finishes.
- •**Location & Connectivity**: Bukit Pinang is a residential area in Alor Setar with established community infrastructure, but lacks direct public transportation links (no MRT access) and is outside major commercial hubs, making car dependency a practical consideration for residents.
- •**Risk & Timing**: Significant concerns exist regarding missing critical project details—no specified tenure type, completion timeline, or developer clarity—which creates uncertainty for buyers; recommend obtaining full project documentation and timeline before commitment.
NewProjek Score
5.8
Moderate
- • Developer verification status not confirmed
- • Priced 30% above area median
- • Completed project — no construction risk
Is this project priced fairly?
Kedah — Median Condo Prices (Verified)
| 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
RM1,200–1,600
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
Verified data 2021–2025
Price-to-Income
7.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| 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 Sejahtera @ Kedah | Daerah Sik | RM235k | Completed |
| 1-Storey Terrace @ Pendang, Kedah | Pendang | RM270k | New Launch |
| 1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah | Pendang | RM278k | New Launch |
Why Consider
- • Located in Alor Setar, Kedah
- • By Developer
Risk Factors
- • 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 the government, 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.