Property Review

Serene Villas @ Sunway City Ipoh

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Sunway Property

Location

Ipoh, Perak

Type

Townhouse

Price

RM773k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: Entry price of RM773,000 positions this as affordable middle-market housing for Ipoh; competitive within the local market but lacks specification of built-up area and tenure details needed to fully assess value proposition.
  • **Location & Connectivity**: Sunway City Ipoh location offers urban amenities and commercial proximity, though absence of MRT access limits long-term connectivity advantages compared to major KL/Selangor developments and may impact future resale appeal.
  • **Risk & Timing**: Missing completion and tenure information creates investment uncertainty; buyers should clarify these critical details before commitment, as Ipoh's property market growth lags major urban centers and timing of completion will significantly affect market conditions at handover.

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

14.3x

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

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

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.