Property Review

Sapphire @ Sungai Petani

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Sungai Petani, Kedah

Type

Semi-D

Price

RM592k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry-level pricing at RM592,000 is competitive for semi-detached units in Kedah, offering affordable homeownership; however, the absence of tenure information and completion timeline details limits ability to assess true value proposition and long-term appreciation potential.
  • **Location & Connectivity**: Sungai Petani offers established commercial and residential infrastructure with reasonable road accessibility to Kuala Lumpur via highways; however, the absence of MRT connectivity and distance from major urban centers may constrain tenant demand and capital appreciation compared to properties in Klang Valley.
  • **Risk & Timing**: Incomplete project information (no specified tenure, completion date, or developer details) presents moderate risk in terms of developer credibility assessment and contractual clarity; investors should verify completion timeline and developer track record before commitment, as Kedah locations typically experience longer holding periods for capital growth.

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 (NAPIC)

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%

NAPIC 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 Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Casa Impian 2, Double Storey Terrace @ Sungai Petani, KedahSungai PetaniRM356kCompleted
Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, JitraJitraRM370kRecently Completed
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 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.

Sapphire @ Sungai Petani Property Report — Is It Worth Buying? | NewProjek | NewProjek