Property Review

Sapphire @ Sungai Petani

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Sungai Petani, Kedah

Type

Semi-D

Price

RM592k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM592,000 entry price for semi-detached properties, the project offers competitive positioning for the Sungai Petani market, though value assessment is constrained by the absence of detailed specifications, tenure type, and built-up area information.
  • **Location & Connectivity**: Sungai Petani provides established township infrastructure and local amenities, but the lack of MRT connectivity and distance from major employment centers (Kuala Lumpur, Penang) may limit appeal to commuters and restrict long-term capital appreciation potential.
  • **Risk & Timing Concerns**: Critical project information gaps—including unspecified tenure, completion timeline, and developer details—present material risks for purchasers; prospective buyers should obtain comprehensive legal documentation and development schedules 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

11.2x

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

RM4,402/mo

DOSM 2022

Mean Household Income

RM5,550/mo

DOSM 2022

Households Above RM8k

~25%

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.