Sapphire @ Sungai Petani
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
โ
Location
Sungai Petani, Kedah
Type
Semi-D
Price
RM592k+
Tenure
โ
Completion
โ
NewProjek Verdict
Sapphire @ Sungai Petani offers competitively priced semi-detached homes in a secondary market, making it potentially attractive for first-time buyers or investors seeking affordable entry points in Kedah. However, the lack of specified tenure details and completion timeline raises concerns about transparency, while the absence of nearby MRT connectivity may limit appeal for those prioritizing accessibility to major urban centers. Prospective buyers should request clarification on these critical details from the developer before proceeding with their purchase decision.
- โข Developer verification status not confirmed
- โข Priced 97% above area median โ premium pricing
Is this project priced fairly?
Kedah โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | โ |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM1,800โ2,500
Based on similar properties in Kedah
Gross Rental Yield
3.9%โ4.9%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021โ2025
Price-to-Income
11.2x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ 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 |
โ Why Consider
- โข Located in Sungai Petani, Kedah
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข Premium pricing relative to area median may limit resale upside
- โข 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.