Taman Indah (Phase 3) @ Langkawi
Powered by NAPIC + DOSM data
Generated 30 April 2026
Developer
—
Location
Langkawi, Kedah
Type
Bungalow
Price
RM1.1 mil+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM1.1M entry point is moderately positioned for Langkawi bungalows; represents fair value relative to island market standards, though lacks premium positioning without clear specification of land size, built-up area, or finishing quality to justify pricing tier.
- •**Location & Connectivity**: Langkawi's tourism-driven economy provides rental yield potential; however, absence of public transport infrastructure and dependence on road access to main commercial zones limits appeal for non-leisure buyers; island location increases travel costs and time to mainland urban centers.
- •**Risk & Timing**: Critical missing information—unspecified tenure (freehold vs. leasehold), completion timeline, and developer track record—presents significant acquisition risk; Phase 3 status suggests extended project timeline with extended holding period before occupancy and potential return realization.
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 (NAPIC)
| 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%
NAPIC data 2021–2025
Price-to-Income
20.8x
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
RM4,402/mo
DOSM 2022
Mean Household Income
RM5,550/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| 2-Storey Terrace, Rimba Ville @ Kulim Utama Fasa 3, Kulim, Kedah | Kulim | RM570k | New Launch |
| Taman Shahab | Alor Setar | RM575k | New Launch |
| SP Saujana Permai, Double Storey Cluster @ Sungai Petani, Kedah | Sungai Petani | RM589k | Completed |
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 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.