Perumahan Syukran, Double Storey Terrace & Single Semi-D @ Kota Bharu, Kelantan
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Kota Bahru, Kelantan
Type
Semi-D
Price
RM550k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM550,000 entry price for semi-detached units is competitive for Kota Bharu's market; however, pricing appears modest relative to comparable developments in Selangor/KL, reflecting the property's location in a secondary market with potentially lower appreciation prospects.
- •**Location & Connectivity**: Kota Bharu lacks MRT/LRT infrastructure and major highways, limiting accessibility to employment centers; the location suits local buyers and retirees seeking affordability but presents connectivity constraints for those requiring regional mobility or urban amenities.
- •**Risk & Timing**: Critical project details—tenure type, completion timeline, and developer track record—remain unspecified, creating uncertainty for financing and occupancy planning; buyers should verify these fundamentals before commitment, as delays or tenure complications could impact resale liquidity in this secondary market.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 90% above area median — premium pricing
Is this project priced fairly?
Kelantan — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM225,000 | — |
| 2022 | RM231,000 | +2.7% |
| 2023 | RM238,000 | +3.0% |
| 2024 | RM244,000 | +2.5% |
| 2025 | RM250,000 | +2.5% |
Est. Monthly Rental
RM1,700–2,300
Based on similar properties in Kelantan
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+11.1%
NAPIC data 2021–2025
Price-to-Income
12.7x
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 Kelantan
Median Household Income
RM3,614/mo
DOSM 2022
Mean Household Income
RM4,885/mo
DOSM 2022
Households Above RM8k
~20%
Estimated for Kelantan
Similar projects in Kelantan
| Project | Location | Price From | Status |
|---|---|---|---|
| Raudhah Solihin, Teres 1-Tingkat @ Mahligai, Melor, Kelantan | Melor | RM280k | New Launch |
| 1-Storey Terrace, Taman Kifayah @ Jeli, Kelantan | Jeli | RM290k | New Launch |
| Single & Double Storey Terrace @ Taman Kota Jembal, Kota Bharu, Kelantan | Kota Bahru | RM295k | New Launch |
Why Consider
- • Strategic Kota Bharu location with growing commercial and residential development
- • Affordable semi-D pricing at RM550,000 entry point
- • Potential high rental yield in developing Kelantan property market
- • Well-designed double storey terrace options for modern family living
- • Proximity to local amenities, schools, and commercial centres
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.