La Casa Lunas, 1.5-Storey Zero Lot @ Kulim, Kedah
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Kulim, Kedah
Type
Landed House
Price
RM590k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM590,000 entry price for a 1.5-storey zero-lot house offers competitive positioning for Kulim's market, though pricing competitiveness depends on built-up area and finishes—buyers should compare against similar landed properties in the vicinity to assess value proposition.
- •**Location & Connectivity**: Kulim offers relatively affordable residential living but lacks MRT connectivity, limiting accessibility to major employment centers; success depends heavily on road infrastructure, proximity to schools and commercial amenities, and future state-level development plans in Kedah.
- •**Risk & Timing**: Unspecified completion timeline presents execution risk and uncertainty for buyers; investors should clarify delivery schedules and contractual terms, while market demand in Kulim remains tied to broader Kedah economic development and migration patterns, which may affect resale liquidity.
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 97% above area median — premium pricing
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
RM1,800–2,500
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
10.0x
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
RM4,895/mo
DOSM 2024
Mean Household Income
RM5,793/mo
DOSM 2024
Households Above RM8k
~28%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra | Jitra | RM370k | Recently Completed |
| Taman Desa Tanjung, 1-Storey Semi-D @ Kepala Batas, Jitra | Jitra | RM380k | Recently Completed |
| Teluk Kechai @ Kedah | Teluk Kechai | RM385k | New Launch |
Why Consider
- • Affordable freehold landed property in growing Kulim area
- • Strategic location in Kedah's emerging commercial hub
- • Spacious 1.5-storey design maximizes value at RM590k
- • Potential for strong capital appreciation in developing region
- • Freehold ownership provides long-term wealth building opportunity
Risk Factors
- • Under construction — completion delays are possible
- • 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.