La Casa Lunas, 1.5-Storey Zero Lot @ Kulim, Kedah
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Kulim, Kedah
Type
Landed House
Price
RM590k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM590,000 entry price is competitive for a 1.5-storey freehold landed house in Kulim, offering reasonable value for first-time buyers and investors seeking affordable properties, though long-term appreciation may be modest relative to properties in established metropolitan areas.
- •**Location & Connectivity**: Kulim's location in northern Kedah provides basic accessibility via major highways but lacks MRT connectivity and proximity to major employment centers, making it suitable primarily for buyers prioritizing affordability over urban convenience and commute times.
- •**Risk & Timing**: The absence of a specified completion date introduces uncertainty regarding project delivery timelines and market conditions at handover; buyers should seek clarity from the developer, and the limited urban infrastructure development in Kulim presents inherent risks for resale demand and capital appreciation.
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 (NAPIC)
| 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%
NAPIC 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 Dermaga Jaya @ Kuala Kedah | Kuala Kedah | RM350k | New Launch |
| Casa Impian 2, Double Storey Terrace @ Sungai Petani, Kedah | Sungai Petani | RM356k | Completed |
| Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra | Jitra | RM370k | Recently Completed |
Why Consider
- • Affordable freehold landed property in growing Kulim area
- • Zero lot design maximizes space efficiency and affordability
- • Strategic location in Kedah's developing commercial hub
- • Strong appreciation potential in emerging residential market
- • Low entry price point for first-time homebuyers
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 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.