๐Ÿ“Š Property Intelligence Report

Taman Desa Tanjong Damai, 2-Storey Shoplot @ Kuala Terengganu, Terengganu

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Kuala Terengganu, Terengganu

Type

Landed House

Price

RM550k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Taman Desa Tanjong Damai presents a moderately-priced shoplot option in Kuala Terengganu's commercial segment, though prospective buyers should note the absence of critical project details including tenure type, completion timeline, and proximity to public transportation infrastructure. The RM550,000 entry price point appears competitive for the state market, but the lack of specified tenure and MRT connectivity may limit appeal to investors seeking long-term appreciation or convenience-focused occupants. Interested parties are advised to obtain comprehensive project documentation from the developer before making investment decisions.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 80% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM550,000
Terengganu MedianRM305,000
Priced 80% above area median

Terengganu โ€” Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM240,000โ€”
2022RM246,000+2.5%
2023RM252,000+2.4%
2024RM259,000+2.8%
2025RM265,000+2.3%
Investment Analysis

Est. Monthly Rental

RM1,700โ€“2,300

Based on similar properties in Terengganu

Gross Rental Yield

3.9%โ€“4.9%

Annual rental / property price

Area Price Trend

+10.4%

NAPIC data 2021โ€“2025

Price-to-Income

7.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Terengganu

Median Household Income

RM5,878/mo

DOSM 2022

Mean Household Income

RM7,248/mo

DOSM 2022

Households Above RM8k

~33%

Estimated for Terengganu

Comparable Projects

Similar projects in Terengganu

Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Kuala Terengganu, Terengganu
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข Premium pricing relative to area median may limit resale upside
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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