Taman Desa Tanjong Damai, 2-Storey Shoplot @ Kuala Terengganu, Terengganu
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Kuala Terengganu, Terengganu
Type
Landed House
Price
RM550k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: The RM550,000 entry price for a 2-storey shoplot is competitive for Kuala Terengganu's market, though pricing appears moderate relative to similar commercial-residential hybrids in other Malaysian urban centres, offering reasonable value for the property type.
- •**Location & Connectivity**: Kuala Terengganu offers established commercial activity and local accessibility, but the absence of MRT connectivity and reliance on road-based transport limits appeal to investors seeking high-growth urban corridors compared to Klang Valley or George Town alternatives.
- •**Risk & Timing**: The absence of specified tenure, completion timeline, and developer details presents material gaps in due diligence and creates uncertainty regarding project delivery, legal standing, and investment timeline—warranting clarification before commitment.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 80% above area median — premium pricing
Is this project priced fairly?
Terengganu — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM240,000 | — |
| 2022 | RM246,000 | +2.5% |
| 2023 | RM252,000 | +2.4% |
| 2024 | RM259,000 | +2.8% |
| 2025 | RM265,000 | +2.3% |
Est. Monthly Rental
RM1,700–2,300
Based on similar properties in Terengganu
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.4%
NAPIC data 2021–2025
Price-to-Income
7.8x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| RM10,000 | RM1.5 mil | Yes |
| RM15,000 | RM2.3 mil | Yes |
| RM20,000 | RM3.2 mil | Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Terengganu
| Project | Location | Price From | Status |
|---|---|---|---|
| Taman Pusu Tiga 2, 1-Storey Semi-D & Bungalow @ Kuala Nerus, Terengganu | Kuala Nerus | RM295k | New Launch |
| Desa Tanjong Indah 1, 1-Storey Semi-D @ Kuala Terengganu, Terengganu | Kuala Terengganu | RM330k | New Launch |
Why Consider
- • Strategic beachfront location in Kuala Terengganu's growing commercial hub
- • Shoplot design ideal for retail business or mixed-use investment
- • Competitive pricing at RM550,000 for landed property development
- • High rental yield potential in popular tourist destination area
- • Emerging property market with strong long-term appreciation prospects
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 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.