Property Review

Taman Chandan Putri, Double Storey Townhouse @ Kuala Kangsar, Perak

Powered by NAPIC + DOSM data

Generated 30 April 2026

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Executive Summary

Developer

Location

Ipoh, Perak

Type

Townhouse

Price

RM246k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: At RM246,000 entry price for freehold double-storey townhouses, the project offers competitive pricing for the Kuala Kangsar market; however, the lack of specified completion timeline creates uncertainty around actual delivery value and potential cost escalations.
  • **Location & Connectivity**: Kuala Kangsar benefits from established residential infrastructure and proximity to Ipoh's amenities, but the absence of nearby MRT connectivity limits public transport accessibility compared to Klang Valley projects, potentially affecting long-term demand and rental yields.
  • **Risk & Timing Considerations**: The unstated completion date represents a material risk for buyer planning and financing; combined with the secondary location status in Perak's property market, investors should exercise caution regarding liquidity and resale demand during economic downturns.

NewProjek Score

8

Worth Considering

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM246,000
Perak MedianRM280,000
Priced 12% below area median

Perak — Median Condo Prices (NAPIC)

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

RM700–900

Based on similar properties in Perak

Gross Rental Yield

3.5%–4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021–2025

Price-to-Income

4.6x

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
Projek Perumahan Perwira, 1-storey Terrace @ Segari, Lumut, PerakLumutRM203kCompleted
Rumah Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak

KOTA IMPIANA PROPERTIES SDN BHD

KamparRM218kNew Launch
Kampus West City Condominium @ KamparKamparRM228kCompleted
Why Consider + Risk Factors

Why Consider

  • Affordable freehold townhouse in established Kuala Kangsar township
  • Strategic location between Ipoh and Kuala Lumpur corridor
  • Strong rental demand from local professionals and families
  • Excellent value proposition at RM246,000 entry price point
  • Low maintenance double storey design ideal for investors

Risk Factors

  • 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.