Property Review

Taman Indah (Phase 3) @ Langkawi

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

Langkawi, Kedah

Type

Bungalow

Price

RM1.1 mil+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: RM1.1M entry point is competitive for landed bungalows in Langkawi's residential segments, though pricing remains elevated relative to comparable mainland properties; long-term appreciation potential is moderate given the island's limited commercial expansion compared to Klang Valley markets.
  • **Location & Connectivity**: Langkawi's island setting offers lifestyle appeal and tourism-driven economic activity, but accessibility depends entirely on road and air transport with no public rail infrastructure; property liquidity may be constrained for investors requiring quick exits or those prioritizing urban connectivity.
  • **Risk & Timing**: Critical missing information—unspecified tenure (freehold vs. leasehold) and completion timeline create uncertainty in investment planning; pre-launch phase projects in secondary markets carry execution and market absorption risks, particularly if completion extends beyond 3-4 years.

NewProjek Score

5

Moderate

  • Developer verification status not confirmed
  • Priced 267% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

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

Kedah — Median Condo Prices (Verified)

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

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

20.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milStretch
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
SP Saujana Permai, Double Storey Cluster @ Sungai Petani, KedahSungai PetaniRM589kCompleted
La Casa Lunas, 1.5-Storey Zero Lot @ Kulim, KedahKulimRM590kRecently Completed
Sapphire @ Sungai PetaniSungai PetaniRM592kNew Launch
Why Consider + Risk Factors

Why Consider

  • Located in Langkawi, Kedah
  • By Developer

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.