๐Ÿ“Š Property Intelligence Report

Primrose @ Bandar Baru Sri Klebang, Ipoh

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Ipoh, Perak

Type

Landed House

Price

RM514k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Primrose @ Bandar Baru Sri Klebang offers affordable entry-level landed houses in Ipoh's developing suburb, making it accessible for first-time buyers and investors seeking value in the mid-tier market. However, the lack of specified tenure details, completion timeline, and absence of MRT connectivity present notable limitations that warrant clarification before purchase, as these factors significantly impact long-term property value and convenience. Prospective buyers should conduct thorough due diligence on the developer's track record and obtain complete project specifications before committing.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 61% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM514,000
Perak MedianRM320,000
Priced 61% above area median

Perak โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM255,000โ€”
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM1,500โ€“2,000

Based on similar properties in Perak

Gross Rental Yield

3.5%โ€“4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021โ€“2025

Price-to-Income

9.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Perak

Median Household Income

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Taman Permatang Maju @ SitiawanSitiawanRM259kNew Launch
City on The Hills @ Gopeng, Kampar, PerakIpohRM268kNew Launch
Palazzo @ Ipoh Garden East, Ipoh, PerakIpohRM290kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Ipoh, Perak
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข 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.

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