Property Review

Taman Dermaga Jaya @ Kuala Kedah

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Kuala Kedah, Kedah

Type

Semi-D

Price

RM350k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM350,000 entry price is competitive for semi-detached homes in Kedah's secondary markets, though below Klang Valley standards; offers reasonable value if built quality and finishes meet expectations, but pricing data for comparable local properties should be verified before commitment.
  • **Location & Connectivity**: Kuala Kedah offers coastal proximity and local accessibility, but lacks major public transport links (no MRT/LRT connectivity) and is positioned as a tier-2 location with limited job centres, making it primarily suitable for retirees or those with independent transport rather than urban commuters.
  • **Risk & Timing**: Incomplete project information (tenure unclear, no specified completion date) presents moderate execution risk; the absence of these critical details warrants clarification from the developer before purchase, and market liquidity for resale in this location may be limited compared to central regions.

NewProjek Score

5.3

Moderate

  • Developer verification status not confirmed
  • Priced 17% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM350,000
Kedah MedianRM300,000
Priced 17% above area median

Kedah — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM235,000
2022RM241,000+2.6%
2023RM248,000+2.9%
2024RM254,000+2.4%
2025RM260,000+2.4%
Investment Analysis

Est. Monthly Rental

RM1,100–1,500

Based on similar properties in Kedah

Gross Rental Yield

3.9%–4.9%

Annual rental / property price

Area Price Trend

+10.6%

NAPIC data 2021–2025

Price-to-Income

6.6x

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 Kedah

Median Household Income

RM4,402/mo

DOSM 2022

Mean Household Income

RM5,550/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Kedah

Comparable Projects

Similar projects in Kedah

Why Consider + Risk Factors

Why Consider

  • Located in Kuala Kedah, Kedah
  • By Developer

Risk Factors

  • Under construction — completion delays are possible
  • 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.