Property Review

Taman Desa Tanjung, 2-Storey Terrace @ Kepala Batas, Jitra

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

Location

Jitra, Kedah

Type

Landed House

Price

RM370k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing and Value**: RM370,000 is competitively positioned for a 2-storey freehold terrace in Kedah's secondary market, offering reasonable affordability compared to major urban centers, though long-term capital appreciation may be modest given the location's tier-2 status.
  • **Location and Connectivity**: Jitra offers adequate local amenities and road access via federal highways, but lacks direct public transportation infrastructure (no MRT/LRT) and remains peripheral to major employment and commercial hubs, limiting commuter appeal and tenant demand.
  • **Risk and Timing**: The absence of a specified completion date creates uncertainty for investors; coupled with the understated developer profile and limited transit connectivity, this project carries elevated execution risk and extended holding periods before potential capital returns materialize.

NewProjek Score

6.3

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 23% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM370,000
Kedah MedianRM300,000
Priced 23% 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

RM1,200–1,600

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

7.0x

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

ProjectLocationPrice FromStatus
1-Storey Terrace @ Pendang, KedahPendangRM270kNew Launch
1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, KedahPendangRM278kNew Launch
Taman Dermaga Jaya @ Kuala KedahKuala KedahRM350kNew Launch
Why Consider + Risk Factors

Why Consider

  • Affordable freehold terrace house at RM370,000 entry price
  • Strategic Jitra location with growth potential in Kedah
  • 2-storey landed property offers excellent space value
  • Freehold tenure ensures long-term ownership and asset appreciation
  • Developing area with accessibility to main highways

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.