Property Review

Sunland Residence

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Landed House

Price

RM395k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM395,000 entry price is competitive for landed houses in Ipoh's mid-market segment, though the lack of specified tenure details raises concerns about long-term asset protection and resale value clarity.
  • **Location & Connectivity**: Ipoh offers affordable living and established amenities, but the absence of MRT access limits commuter convenience for those working in Klang Valley or Selangor, relying instead on personal vehicles or intercity transport.
  • **Risk & Timing**: Non-disclosure of tenure type and completion timeline creates material uncertainties regarding investment timeline and potential regulatory or developmental delays; investors should seek clarification before commitment to assess holding period and exit strategy viability.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 23% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM395,000
Perak MedianRM320,000
Priced 23% above area median

Perak — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM1,100–1,500

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

Verified data 2021–2025

Price-to-Income

7.0x

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 Perak

Median Household Income

RM4,687/mo

DOSM 2024

Mean Household Income

RM6,173/mo

DOSM 2024

Households Above RM8k

~26%

Estimated for Perak

Comparable Projects

Similar projects in Perak

ProjectLocationPrice FromStatus
Kampus West City Condominium @ KamparKamparRM228kCompleted
Alpinia @ IpohIpohRM238kNew Launch
Taman Permatang Maju @ SitiawanSitiawanRM259kCompleted
Why Consider + Risk Factors

Why Consider

  • Located in Ipoh, Perak
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • 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.