Single Storey Semi-D & Bungalow @ Taman Sri Gunung, Kangar, Perlis
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Kangar, Perlis
Type
Bungalow
Price
RM438k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: At RM438,000 for freehold single-storey properties in Kangar, Perlis, the pricing is competitive for the northern region; however, the limited specification details and lack of comparative market data make it difficult to assess whether this represents genuine value or if similar properties exist at lower price points in the area.
- •**Location & Connectivity**: Taman Sri Gunung's accessibility is constrained by Kangar's status as a smaller Perlis town with no MRT connectivity, limited public transport options, and distance from major commercial hubs; this limits appeal primarily to local residents and those seeking quieter residential living rather than investors targeting capital appreciation.
- •**Risk & Timing**: The absence of a specified completion date presents a material risk, as project delays are common in smaller Malaysian developments; the lack of established developer credentials in the provided information and limited liquidity in Perlis property markets may
NewProjek Score
6
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 62% above area median — premium pricing
Is this project priced fairly?
Perlis — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM215,000 | — |
| 2022 | RM221,000 | +2.8% |
| 2023 | RM228,000 | +3.2% |
| 2024 | RM234,000 | +2.6% |
| 2025 | RM240,000 | +2.6% |
Est. Monthly Rental
RM1,400–1,800
Based on similar properties in Perlis
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+11.6%
Verified data 2021–2025
Price-to-Income
7.4x
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 Perlis
Median Household Income
RM4,950/mo
DOSM 2024
Mean Household Income
RM5,996/mo
DOSM 2024
Households Above RM8k
~28%
Estimated for Perlis
Similar projects in Perlis
| Project | Location | Price From | Status |
|---|---|---|---|
| Double Storey Terrace @ Taman Saujana Idaman II 4C, Kubang Gajah, Arau, Perlis | Arau | RM367k | New Launch |
Why Consider
- • Affordable freehold bungalow in peaceful Kangar residential area
- • Prime location in growing Perlis property market
- • Spacious single storey design ideal for families
- • Strong value proposition at RM438,000 price point
- • Potential for capital appreciation in developing region
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
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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.