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
- •**Value & Pricing**: The entry price of RM589,000 for a double storey cluster house represents competitive positioning for Sungai Petani's market; however, pricing competitiveness should be verified against comparable freehold properties in the locality to assess true value proposition.
- •**Location & Connectivity**: Sungai Petani offers established commercial and residential infrastructure with road accessibility, but the absence of MRT connectivity limits appeal to buyers seeking seamless public transport linkage to major employment centers like Kuala Lumpur or Penang.
- •**Risk & Timing**: The non-specified completion timeline introduces uncertainty for purchase planning and investment returns; buyers should obtain clarity on project phases and delivery schedules before commitment, particularly given market conditions in secondary towns.
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
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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.