๐Ÿ“Š Property Intelligence Report

Taman Indah (Phase 3) @ Langkawi

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Langkawi, Kedah

Type

Bungalow

Price

RM1.1 mil+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

Taman Indah Phase 3 offers competitively-priced bungalow properties in Langkawi's established residential area, though prospective buyers should note the absence of critical project details including tenure type, completion timeline, and amenity specifications, which are essential for informed investment decisions. The lack of public transportation proximity may limit appeal to buyers seeking connectivity, though this is typical for Langkawi's suburban residential developments. We recommend requesting comprehensive project documentation from the developer before commitment, particularly regarding legal tenure status and delivery schedules.

๐Ÿ”ด HIGH RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 267% above area median โ€” premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,100,000
Kedah MedianRM300,000
Priced 267% above area median

Kedah โ€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM3,400โ€“4,600

Based on similar properties in Kedah

Gross Rental Yield

3.9%โ€“4.9%

Annual rental / property price

Area Price Trend

+10.6%

NAPIC data 2021โ€“2025

Price-to-Income

20.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโŒ No
RM7,000RM1.0 milโš ๏ธ Stretch
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 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
2-Storey Terrace, Rimba Ville @ Kulim Utama Fasa 3, Kulim, KedahKulimRM570kNew Launch
Taman ShahabAlor SetarRM575kNew Launch
SP Saujana Permai, Double Storey Cluster @ Sungai Petani, KedahSungai PetaniRM589kNew Launch
Why Consider + Risk Factors

โœ… Why Consider

  • โ€ข Located in Langkawi, Kedah
  • 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.

โญ 2,400+ buyers ยท ๐Ÿ  522 projects

๐Ÿ’ฐ 2% cashback on every purchase