Property Review

Sunland Residence

Powered by verified data + DOSM

Generated 14 June 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, offering reasonable affordability compared to Klang Valley alternatives, though limited transparency on unit specifications and finishes prevents full value assessment.
  • **Location & Connectivity**: Ipoh location provides lower acquisition costs and established residential infrastructure, but the absence of MRT connectivity and reliance on personal vehicles limits accessibility compared to major urban centers, potentially affecting long-term demand and resale appeal.
  • **Risk & Timing**: Critical information gaps—including unspecified tenure type, unclear completion timeline, and limited developer track record details—present execution and occupancy risks; prospective buyers should verify developer credentials and secure binding timelines before commitment.

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

7.3x

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

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

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.