Single Storey Semi-D & Bungalow @ Taman Sri Gunung, Kangar, Perlis
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Kangar, Perlis
Type
Bungalow
Price
RM438k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM438,000 entry price offers competitive affordability for freehold single-storey properties, though pricing competitiveness should be benchmarked against comparable semi-D and bungalow developments in Kangar and neighbouring towns to confirm value proposition.
- •**Location & Connectivity**: Kangar's position as Perlis' capital provides essential services and administrative facilities, but the absence of nearby MRT and limited public transportation infrastructure may constrain accessibility and long-term appreciation potential compared to properties in major urban corridors.
- •**Risk & Timing**: Unspecified completion timeline presents execution risk and delays in occupancy; investors should seek clarity on project phases and delivery schedules, while market timing in Perlis' smaller property market carries liquidity considerations for future resale or rental income generation.
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
7.7x
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 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.