Property Review

Serene Villas @ Sunway City Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Sunway Property

Location

Ipoh, Perak

Type

Townhouse

Price

RM773k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: The RM773,000 entry price is competitive for a developed townhouse in Ipoh's residential market, though lacks tenure clarity and completion timeline details that would substantiate value proposition relative to comparable properties.
  • **Location & Connectivity**: Sunway City Ipoh offers established infrastructure and amenities as a mixed-use development, but the absence of MRT connectivity limits appeal for commuters; accessibility depends primarily on road networks and private transport within Perak's secondary urban context.
  • **Risk & Timing**: Execution risk is elevated by missing critical project information (tenure type, completion date); buyers should exercise caution until these details are confirmed, as delayed completions or tenure complications are material concerns in the current Malaysian property market.

NewProjek Score

7

Worth Considering

  • Verified developer with established track record
  • 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 (NAPIC)

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%

NAPIC 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
Lang Valley Teak Villas @ IpohIpohRM394kNew Launch
Sunland ResidenceIpohRM395kNew Launch
Cypress @ Bandar Baru Sri Klebang, IpohIpohRM421kNew 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 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.