Taman Indah (Phase 3) @ Langkawi
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Langkawi, Kedah
Type
Bungalow
Price
RM1.1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM1.1M entry price for bungalows in Langkawi is competitive within the island's residential market, though lack of tenure specification and completion timeline makes accurate value assessment difficult and poses potential financial planning risks.
- •**Location & Connectivity**: Langkawi's island setting offers lifestyle appeal and tourism potential, but absence of MRT or major public transport infrastructure limits connectivity for non-drivers; accessibility depends heavily on road networks and private vehicles.
- •**Risk & Timing**: Incomplete project information (no tenure details, no specified completion date) represents significant execution risk; investors should exercise caution until developer provides transparent timelines and legal documentation, particularly given Langkawi's cyclical tourism-dependent economy.
NewProjek Score
5
Moderate
- • Developer verification status not confirmed
- • Priced 267% above area median — premium pricing
Is this project priced fairly?
Kedah — Median Condo Prices (Verified)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM235,000 | — |
| 2022 | RM241,000 | +2.6% |
| 2023 | RM248,000 | +2.9% |
| 2024 | RM254,000 | +2.4% |
| 2025 | RM260,000 | +2.4% |
Est. Monthly Rental
RM3,400–4,600
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
Verified data 2021–2025
Price-to-Income
18.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| RM7,000 | RM1.0 mil | Stretch |
| 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 Kedah
Median Household Income
RM4,895/mo
DOSM 2024
Mean Household Income
RM5,793/mo
DOSM 2024
Households Above RM8k
~28%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| SP Saujana Permai, Double Storey Cluster @ Sungai Petani, Kedah | Sungai Petani | RM589k | Completed |
| La Casa Lunas, 1.5-Storey Zero Lot @ Kulim, Kedah | Kulim | RM590k | Recently Completed |
| Sapphire @ Sungai Petani | Sungai Petani | RM592k | New Launch |
Why Consider
- • Prime Langkawi location with strong tourism and expatriate demand
- • Established residential phase indicating developer track record and stability
- • Competitive bungalow pricing in popular island destination
- • High rental yield potential from vacation and long-term tenants
- • Gateway to Langkawi's growing commercial and leisure infrastructure
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 the government, 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.