SP Saujana Permai, Double Storey Cluster @ Sungai Petani, Kedah
Powered by verified data + DOSM
Generated 14 June 2026
Developer
—
Location
Sungai Petani, Kedah
Type
Landed House
Price
RM589k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Pricing & Value**: The RM589,000 entry price is competitive for double-storey cluster houses in the Sungai Petani market and offers reasonable value for freehold properties, though actual pricing competitiveness depends on unit specifications, built-up area, and comparable developments in the locality.
- •**Location & Connectivity**: Sungai Petani is a secondary town in Kedah with limited public transportation infrastructure and no MRT access, making the location suitable primarily for car-dependent residents; proximity to Ipoh and George Town provides some regional connectivity but daily commuting to major urban centres remains a consideration.
- •**Risk & Timing**: The absence of a specified completion date presents uncertainty for buyers regarding possession timelines and construction progress, while the peripheral location and reliance on developer reputation (which requires verification) introduces moderate market absorption and resale liquidity risks typical of emerging suburban markets.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 96% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM1,800–2,500
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
Verified data 2021–2025
Price-to-Income
11.2x
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 Kedah
Median Household Income
RM4,402/mo
DOSM 2022
Mean Household Income
RM5,550/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra | Jitra | RM370k | Recently Completed |
| Taman Desa Tanjung, 1-Storey Semi-D @ Kepala Batas, Jitra | Jitra | RM380k | Recently Completed |
| Teluk Kechai @ Kedah | Teluk Kechai | RM385k | New Launch |
Why Consider
- • Freehold tenure ensures long-term ownership and asset appreciation
- • Affordable double storey cluster homes under RM600k
- • Sungai Petani strategic location with growing commercial development
- • Spacious landed houses ideal for growing families
- • Strong rental potential in developing Kedah market
Risk Factors
- • Premium pricing relative to area median may limit resale upside
- • No MRT/LRT station listed nearby — may affect future demand
Sign in to view full review
Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.
Google sign-in or magic link • No password needed
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.