Single Storey Semi-D & Bungalow @ Taman Sri Gunung, Kangar, Perlis
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Kangar, Perlis
Type
Bungalow
Price
RM438k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Units starting from RM438,000 offer competitive entry-level pricing for freehold bungalows in Perlis, though pricing appears modest relative to comparable properties in more developed states, reflecting the regional market dynamics.
- •**Location & Connectivity**: Kangar's position as the state capital provides basic amenities and services, but the absence of MRT connectivity and distance from major urban centers limits accessibility for those requiring frequent inter-state commuting or access to larger commercial hubs.
- •**Risk & Timing**: The absence of a specified completion date presents uncertainty for buyers regarding occupancy timelines and project delivery; investors should seek clarification on construction schedules, as Perlis's slower economic growth relative to other regions may impact rental yields and capital appreciation potential.
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 (NAPIC)
| 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%
NAPIC data 2021–2025
Price-to-Income
7.7x
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
RM4,713/mo
DOSM 2022
Mean Household Income
RM5,664/mo
DOSM 2022
Households Above RM8k
~27%
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
- • Located in Kangar, Perlis
- • 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
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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.