Mekarsari Phase13, Semi-D House @ Bertam, Kepala Batas
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
โ
Location
Kepala Batas, Penang
Type
Bungalow
Price
RM503k+
Tenure
โ
Completion
โ
NewProjek Verdict
Mekarsari Phase 13 offers competitively priced semi-detached homes in Kepala Batas, providing affordable entry into Penang's property market, though prospective buyers should note the absence of nearby MRT connectivity, which may impact long-term convenience and resale appeal. The lack of specified tenure details and completion timeline presents informational gaps that warrant clarification directly with the developer before commitment. Overall, this project may suit buyers prioritizing affordability and quieter residential settings, but those valuing proximity to public transport infrastructure should consider alternative locations.
- โข Developer verification status not confirmed
- โข Priced below area median โ potential value opportunity
Is this project priced fairly?
Pulau Pinang โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM470,000 | โ |
| 2022 | RM482,000 | +2.6% |
| 2023 | RM495,000 | +2.7% |
| 2024 | RM508,000 | +2.6% |
| 2025 | RM520,000 | +2.4% |
Est. Monthly Rental
RM1,800โ2,400
Based on similar properties in Penang
Gross Rental Yield
4.5%โ5.5%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021โ2025
Price-to-Income
6.4x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
DOSM income data for Penang
Median Household Income
RM6,502/mo
DOSM 2022
Mean Household Income
RM8,267/mo
DOSM 2022
Households Above RM8k
~37%
Estimated for Penang
Similar projects in Penang
| Project | Location | Price From | Status |
|---|---|---|---|
| Vivo Executive Apartment | Penang Property | Seberang Perai | RM270k | New Launch |
| Ideal Venice Residency @ Island Glades, Penang | Bukit Gambir | RM300k | New Launch |
| Aston Acacia @ Bukit Mertajam, Penang | Bukit Mertajam | RM319k | New Launch |
โ Why Consider
- โข Located in Kepala Batas, Penang
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข 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.