Seri Meranti Phase 7.2B(1) @ Bandar Seri Botani, Ipoh
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Ipoh, Perak
Type
Landed House
Price
RM608k+
Tenure
Freehold
Completion
—
NewProjek Verdict
Seri Meranti Phase 7.2B(1) offers competitively priced freehold landed properties in Ipoh's established Bandar Seri Botani township, making it accessible for first-time buyers and investors seeking affordable entry points in Perak's property market. However, prospective buyers should note the absence of nearby MRT connectivity and the unspecified completion timeline, which may impact long-term accessibility and project certainty. The freehold status and township infrastructure provide solid fundamentals, though due diligence on developer track record and detailed project timelines is recommended before commitment.
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 90% above area median — premium pricing
Is this project priced fairly?
Perak — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM255,000 | — |
| 2022 | RM261,000 | +2.4% |
| 2023 | RM267,000 | +2.3% |
| 2024 | RM274,000 | +2.6% |
| 2025 | RM280,000 | +2.2% |
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 Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ✅ Yes |
| RM7,000 | RM1.0 mil | ✅ Yes |
| RM10,000 | RM1.5 mil | ✅ Yes |
| RM15,000 | RM2.3 mil | ✅ Yes |
| RM20,000 | RM3.2 mil | ✅ Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Perak
| Project | Location | Price From | Status |
|---|---|---|---|
| Metro Maya @ Batu Gajah Perak Phase 1 | Ipoh | RM319k | New Launch |
| Taman Pelangi, 1-Storey Semi-D @ Bagan Serai, Parit Buntar, Perak | Parit Buntar | RM363k | New Launch |
| D'Festivo Residences @ Ipoh | Ipoh | RM366k | New Launch |
✅ Why Consider
- • Located in Ipoh, Perak
- • Freehold title property
- • 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
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.