Property Review

Serene Villas @ Sunway City Ipoh

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Sunway Property

Location

Ipoh, Perak

Type

Townhouse

Price

RM773k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM773,000 entry point is competitive for Ipoh's townhouse market, offering reasonable value compared to Klang Valley alternatives, though pricing justification is unclear without specified tenure details or unit specifications.
  • **Location & Connectivity**: Sunway City Ipoh provides established commercial and retail integration, but lack of MRT connectivity and heavy reliance on personal vehicles for wider accessibility may limit long-term appreciation potential compared to Klang Valley locations with rapid transit links.
  • **Risk & Timing**: Absence of specified completion and tenure information presents material gaps in investment due diligence; buyers should exercise caution until these details are clarified, and market timing risk exists given Ipoh's slower economic growth trajectory relative to Selangor properties.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Priced 176% above area median — premium pricing
  • Completed project — no construction risk
Market Price Analysis

Is this project priced fairly?

Developer PriceRM773,000
Perak MedianRM280,000
Priced 176% above area median

Perak — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM2,200–3,000

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

Verified data 2021–2025

Price-to-Income

13.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
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 Perak

Median Household Income

RM4,687/mo

DOSM 2024

Mean Household Income

RM6,173/mo

DOSM 2024

Households Above RM8k

~26%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Sunland ResidenceIpohRM395kNew Launch
The Gulf @ IpohIpohRM485kCompleted
Oak @ Bandar Baru Sri Klebang, IpohIpohRM495kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Sunway Property

Risk Factors

  • 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.