Property Review

Sapphire @ Sungai Petani

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Sungai Petani, Kedah

Type

Semi-D

Price

RM592k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM592,000 for semi-detached units is competitive for the Sungai Petani market, though absence of tenure details and completion timeline limits ability to assess true value proposition and potential ROI.
  • **Location & Connectivity**: Sungai Petani offers affordable residential space with established amenities, but lack of MRT access and distance from major urban centres (Kuala Lumpur/Penang) may constrain appreciation potential and appeal to investor-grade buyers seeking strong capital growth.
  • **Risk & Timing**: Incomplete project information—missing tenure type, completion date, and developer track record—presents elevated execution and liquidity risks; buyers should verify developer credentials and obtain clear contractual timelines before commitment.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 97% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM592,000
Kedah MedianRM300,000
Priced 97% above area median

Kedah — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM235,000
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM1,800–2,500

Based on similar properties in Kedah

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+10.6%

Verified data 2021–2025

Price-to-Income

10.1x

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 Kedah

Median Household Income

RM4,895/mo

DOSM 2024

Mean Household Income

RM5,793/mo

DOSM 2024

Households Above RM8k

~28%

Estimated for Kedah

Comparable Projects

Similar projects in Kedah

ProjectLocationPrice FromStatus
Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, JitraJitraRM370kRecently Completed
Taman Desa Tanjung, 1-Storey Semi-D @ Kepala Batas, JitraJitraRM380kRecently Completed
Teluk Kechai @ KedahTeluk KechaiRM385kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Sungai Petani, Kedah
  • 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

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Disclaimer: This report is generated using publicly available data from the government, 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.