Property Review

Seri Meranti Phase 7.2B(1) @ Bandar Seri Botani, Ipoh

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Landed House

Price

RM608k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry-level pricing of RM608,000 is competitive for landed houses in Ipoh's suburban market, offering reasonable value for first-time buyers or investors seeking affordability, though long-term appreciation potential may be moderate relative to Klang Valley properties.
  • **Location & Connectivity**: Bandar Seri Botani is a developing township in Ipoh with road-based accessibility, but the absence of MRT connectivity and reliance on personal vehicles for commuting to major employment centers limits convenience compared to properties in more established or transit-oriented areas.
  • **Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers regarding occupancy and investment returns; early-phase developments in secondary cities carry execution risk, and market absorption rates in Ipoh warrant careful consideration of local demand before committing capital.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 90% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM608,000
Perak MedianRM320,000
Priced 90% 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

RM1,700–2,300

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

11.3x

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 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
Metro Maya @ Batu Gajah Perak Phase 1IpohRM319kCompleted
Taman Pelangi, 1-Storey Semi-D @ Bagan Serai, Parit Buntar, PerakParit BuntarRM363kRecently Completed
D'Festivo Residences @ IpohIpohRM366kCompleted
Why Consider + Risk Factors

Why Consider

  • Freehold tenure ensures permanent ownership and wealth building
  • Bandar Seri Botani offers established suburban living with amenities
  • Competitive RM608,000 price point for landed house property
  • Ipoh location provides affordable living alternative to Klang Valley
  • Growing township development indicates strong long-term appreciation potential

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.