๐Ÿ“Š Property Intelligence Report

Raudhah Solihin, Teres 1-Tingkat @ Mahligai, Melor, Kelantan

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Melor, Kelantan

Type

Landed House

Price

RM280k+

Tenure

Freehold

Completion

โ€”

NewProjek Verdict

Raudhah Solihin offers affordable freehold terrace houses at RM280,000, making it accessible for first-time homebuyers in Kelantan's property market. However, the project's appeal is limited by its location in Melor without nearby MRT connectivity and the absence of a specified completion date, which may impact buyer confidence and long-term investment potential. Prospective purchasers should verify project timelines and assess local infrastructure development before committing.

๐ŸŸข LOW RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Freehold tenure provides long-term ownership security
  • โ€ข Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM280,000
Kelantan MedianRM290,000
Priced 3% below area median

Kelantan โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM225,000โ€”
2022RM231,000+2.7%
2023RM238,000+3.0%
2024RM244,000+2.5%
2025RM250,000+2.5%
Investment Analysis

Est. Monthly Rental

RM900โ€“1,200

Based on similar properties in Kelantan

Gross Rental Yield

3.9%โ€“4.9%

Annual rental / property price

Area Price Trend

+11.1%

NAPIC data 2021โ€“2025

Price-to-Income

6.5x

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 Kelantan

Median Household Income

RM3,614/mo

DOSM 2022

Mean Household Income

RM4,885/mo

DOSM 2022

Households Above RM8k

~20%

Estimated for Kelantan

Comparable Projects

Similar projects in Kelantan

Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Melor, Kelantan
  • โ€ข Freehold title property
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • 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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