Sierra 3A Elegant @ Bukit Banyan, Kedah
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Sungai Petani, Kedah
Type
Semi-D
Price
RM820k+
Tenure
Freehold
Completion
—
NewProjek Verdict
Sierra 3A Elegant @ Bukit Banyan presents a competitively priced freehold semi-detached development in Sungai Petani, offering reasonable value for homebuyers seeking residential properties in Kedah's secondary market. However, the absence of nearby MRT connectivity and unspecified completion timeline present notable limitations for investors prioritizing accessibility and project certainty. Prospective buyers should conduct thorough due diligence on the developer's track record and obtain clarity on delivery schedules before committing to purchase.
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 173% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM2,600–3,500
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
NAPIC data 2021–2025
Price-to-Income
15.5x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | ❌ No |
| 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 Kedah
Median Household Income
RM4,402/mo
DOSM 2022
Mean Household Income
RM5,550/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| 1-Storey Semi-D @ Taman Juita, Jalan Langgar, Alor Setar, Kedah | Alor Setar | RM413k | New Launch |
| Taman Selasih Indah, 2-Storey Terrace @ Kulim, Kedah | Kulim | RM488k | New Launch |
| 2-Storey Terrace @ Taman Ulu Melaka Indah, Ulu Melaka, Langkawi, Kedah | Langkawi | RM550k | New Launch |
✅ Why Consider
- • Located in Sungai Petani, Kedah
- • 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.