๐Ÿ“Š Property Intelligence Report

Single Storey Terrace, Taman Jelita @ Papar, Sabah

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Papar, Sabah

Type

Landed House

Price

RM433k+

Tenure

Leasehold

Completion

โ€”

NewProjek Verdict

This single-storey terrace project in Papar, Sabah offers affordable entry-level pricing at RM433,000, making it accessible to first-time homebuyers in the region. However, the leasehold tenure and lack of nearby MRT connectivity may limit long-term appreciation potential and convenience for commuters, while the unspecified completion date raises concerns about project timeline certainty. Prospective buyers should clarify completion schedules and assess whether the location's proximity to Papar's local amenities aligns with their lifestyle needs before committing.

๐ŸŸก MEDIUM RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Leasehold tenure โ€” check remaining lease years
  • โ€ข Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM433,000
Sabah MedianRM400,000
Priced 8% above area median

Sabah โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM320,000โ€”
2022RM328,000+2.5%
2023RM335,000+2.1%
2024RM343,000+2.4%
2025RM350,000+2.0%
Investment Analysis

Est. Monthly Rental

RM1,500โ€“2,100

Based on similar properties in Sabah

Gross Rental Yield

4.5%โ€“5.5%

Annual rental / property price

Area Price Trend

+9.4%

NAPIC data 2021โ€“2025

Price-to-Income

7.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Sabah

Median Household Income

RM4,577/mo

DOSM 2022

Mean Household Income

RM6,171/mo

DOSM 2022

Households Above RM8k

~26%

Estimated for Sabah

Comparable Projects

Similar projects in Sabah

ProjectLocationPrice FromStatus
The Shore @ Kota KinabaluKota KinabaluRM450kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Papar, Sabah
  • โ€ข Leasehold title property
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Leasehold tenure may depreciate faster than freehold
  • โ€ข No MRT/LRT station listed nearby โ€” 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.

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Single Storey Terrace, Taman Jelita @ Papar, Sabah Property Report โ€” Is It Worth Buying? | NewProjek | NewProjek