Ramlee @ Bukit Bintang, Sungai Petani, Kedah
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Sungai Petani, Kedah
Type
Bungalow
Price
RM650k+
Tenure
Freehold
Completion
—
NewProjek Verdict
Ramlee @ Bukit Bintang offers freehold bungalows at a competitive entry price point for the Sungai Petani market, though prospective buyers should note the absence of specified completion timelines and limited proximity to major public transportation infrastructure. The project's appeal is primarily suited to buyers seeking affordable standalone properties in a secondary town setting rather than those prioritizing accessibility to urban transit networks. Interested purchasers are advised to request detailed completion schedules and conduct thorough due diligence on developer credentials and local amenities before commitment.
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 117% 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
RM2,000–2,700
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
12.3x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ⚠️ Stretch |
| 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 | New Launch |
| Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra | Jitra | RM370k | New Launch |
✅ Why Consider
- • Located in Sungai Petani, Kedah
- • Freehold title property
- • By Developer
⚠️ 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
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.