Property Review

Projek Perumahan Perwira, 1-storey Terrace @ Segari, Lumut, Perak

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Lumut, Perak

Type

Landed House

Price

RM203k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM203,000 entry price is competitive for 1-storey terrace housing in Perak, offering affordable accessibility to first-time buyers, though long-term capital appreciation potential may be moderate relative to properties in more established urban centres.
  • **Location & Connectivity**: Lumut's positioning as a coastal town provides lifestyle appeal and proximity to port facilities, but lacks MRT connectivity and relies on road-based transport, limiting commuting convenience for those working in major metropolitan areas like Ipoh or Kuala Lumpur.
  • **Risk & Timing**: Critical project details including tenure type, completion timeline, and developer track record remain unspecified, creating uncertainty around legal security and delivery schedules; prospective buyers should request comprehensive information before commitment to mitigate execution and regulatory risks.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM203,000
Perak MedianRM320,000
Priced 37% below area median

Perak — Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM600–800

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021–2025

Price-to-Income

3.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

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
Rumah Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM218kNew Launch
Kampus West City Condominium @ KamparKamparRM228kCompleted
Alpinia @ IpohIpohRM238kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Lumut, Perak
  • By Developer

Risk Factors

  • 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.