Property Review

Single Storey Terrace, Taman Jelita @ Papar, Sabah

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Papar, Sabah

Type

Landed House

Price

RM433k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Pricing & Value**: RM433,000 offers competitive entry-level pricing for landed properties in Sabah, representing reasonable value for single-storey terrace houses, though long-term appreciation potential depends on broader Papar market development and demand factors.
  • **Location & Connectivity**: Papar's semi-rural positioning provides affordability but limited urban infrastructure; the absence of MRT access and reliance on vehicular transport may restrict appeal to buyers prioritizing convenience and connectivity to major commercial hubs.
  • **Risk & Timing**: The unspecified completion timeline presents uncertainty for buyers; leasehold tenure and the project's location in a developing area carry moderate execution and market absorption risks that warrant clarification from the developer before commitment.

NewProjek Score

6.3

Moderate

  • Developer verification status not confirmed
  • Leasehold tenure — check remaining lease years
  • 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 — Median Condo Prices (Verified)

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

Est. Monthly Rental

RM1,500–2,100

Based on similar properties in Sabah

Gross Rental Yield

4.5%–5.5%

Annual rental / property price

Area Price Trend

+9.4%

Verified data 2021–2025

Price-to-Income

7.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

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

Why Consider

  • Affordable single storey terrace at RM433,000 in growing Papar market
  • Strategic location in Sabah's developing residential area with growth potential
  • Lower entry price point for first-time homebuyers and investors
  • Established residential community with essential amenities and local infrastructure
  • Solid investment opportunity in emerging Papar property market

Risk Factors

  • Under construction — completion delays are possible
  • Leasehold tenure may depreciate faster than freehold
  • 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.