Taman Pelangi, 1-Storey Semi-D @ Bagan Serai, Parit Buntar, Perak
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Parit Buntar, Perak
Type
Semi-D
Price
RM363k+
Tenure
Freehold
Completion
—
NewProjek Verdict
- •**Value & Pricing:** At RM363,000 for a freehold semi-detached unit, the property offers competitive pricing for the Perak market, though affordability advantage should be weighed against limited capital appreciation potential typical of secondary markets outside major metropolitan areas.
- •**Location & Connectivity:** Parit Buntar is a secondary town with basic amenities and no MRT access, requiring car dependency for commuting to major employment hubs; connectivity is limited compared to properties in Kuala Lumpur or Selangor corridors, which may impact rental demand and liquidity.
- •**Risk & Timing:** The absence of a specified completion date presents execution risk and uncertainty for buyers; developer track record and market absorption rates in this locality should be verified, as secondary Perak markets experience slower sales velocity and potential holding periods exceeding expectations.
NewProjek Score
6.3
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 13% above area median
Is this project priced fairly?
Perak — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM255,000 | — |
| 2022 | RM261,000 | +2.4% |
| 2023 | RM267,000 | +2.3% |
| 2024 | RM274,000 | +2.6% |
| 2025 | RM280,000 | +2.2% |
Est. Monthly Rental
RM1,000–1,400
Based on similar properties in Perak
Gross Rental Yield
3.5%–4.5%
Annual rental / property price
Area Price Trend
+9.8%
NAPIC data 2021–2025
Price-to-Income
6.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | Yes |
| RM7,000 | RM1.0 mil | Yes |
| 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 Perak
Median Household Income
RM4,494/mo
DOSM 2022
Mean Household Income
RM5,779/mo
DOSM 2022
Households Above RM8k
~25%
Estimated for Perak
Similar projects in Perak
| Project | Location | Price From | Status |
|---|---|---|---|
| Projek Perumahan Perwira, 1-storey Terrace @ Segari, Lumut, Perak | Lumut | RM203k | Completed |
| Rumah Teres 1 Tingkat (Fasa 2B) @ Taman Impiana Bidor, Perak KOTA IMPIANA PROPERTIES SDN BHD | Kampar | RM218k | New Launch |
| Kampus West City Condominium @ Kampar | Kampar | RM228k | Completed |
Why Consider
- • Affordable freehold semi-D in growing Perak market
- • Strategic location between Parit Buntar and Bagan Serai
- • Strong rental demand in developing Perak region
- • Excellent value proposition under RM400,000 price point
- • Potential capital appreciation in emerging property area
Risk Factors
- • Under construction — completion delays are possible
- • 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.