La Casa Lunas, 1.5-Storey Zero Lot @ Kulim, Kedah
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Kulim, Kedah
Type
Landed House
Price
RM590k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: The RM590,000 entry price is competitive for a freehold 1.5-storey landed property in Kedah's secondary market, offering reasonable affordability, though resale demand may be limited compared to properties in tier-1 locations.
- •**Location & Connectivity**: Kulim's strategic position along the North-South Expressway provides decent regional connectivity to Penang and Ipoh, but the absence of MRT/public transport access and distance from major urban centers limits convenience for daily commuting and lifestyle amenities.
- •**Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers, and as a secondary market location, the property faces exposure to slower capital appreciation and potential liquidity challenges during market downturns, making it more suitable for long-term owner-occupiers than investors.
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
11.2x
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 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 with development potential
- • Competitive RM590,000 price point for 1.5-storey home
- • Zero lot design maximizes space efficiency effectively
- • Emerging township with improving infrastructure and connectivity
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.