Property Review

Single Storey Terrace, Taman Jelita @ Papar, Sabah

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Papar, Sabah

Type

Landed House

Price

RM433k+

Tenure

Leasehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM433,000 entry price is competitive for single-storey terrace housing in Sabah's secondary markets, offering reasonable value for first-time buyers and investors seeking affordability, though appreciation potential may be moderate compared to prime locations.
  • **Location & Connectivity**: Papar is a developing township with improving infrastructure but lacks mass transit options (no MRT), requiring car dependency; proximity to Kota Kinabalu (approximately 30km) provides access to urban amenities, though daily commuting may be time-intensive for work-based residents.
  • **Risk & Timing**: Leasehold tenure presents long-term depreciation concerns as lease duration decreases, compounded by unspecified completion timeline creating uncertainty for occupancy and investment returns; limited market liquidity in secondary Sabah locations may affect future resale ease.

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 (NAPIC)

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%

NAPIC 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 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.