Single Storey Semi-D & Bungalow @ Taman Sri Gunung, Kangar, Perlis
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
—
Location
Kangar, Perlis
Type
Bungalow
Price
RM438k+
Tenure
Freehold
Completion
—
NewProjek Verdict
This project offers affordable freehold properties in Kangar, Perlis, with competitive pricing starting from RM438,000, making it accessible to first-time homebuyers and investors seeking lower-cost entry points in the residential market. However, the absence of nearby MRT connectivity and lack of a specified completion timeline present notable considerations for buyers prioritizing convenience and project certainty. The investment potential may be limited by the location's peripheral status and slower development infrastructure compared to major urban centers, though it could appeal to those seeking a quieter residential setting or long-term capital appreciation in an emerging area.
- • 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
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.