Taman Permatang Maju @ Sitiawan
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Sitiawan, Perak
Type
Townhouse
Price
RM259k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Pricing and Value**: Entry-level pricing at RM259,000 is competitive for townhouse products in Perak, offering affordability for first-time buyers, though long-term appreciation potential may be limited compared to properties in major urban centers.
- •**Location and Connectivity**: Sitiawan's established township status provides basic amenities and accessibility, but the absence of MRT connectivity and distance from Kuala Lumpur limits appeal to commuters and investors seeking high growth corridors.
- •**Risk and Timing**: Critical project information gaps—missing tenure details, completion timeline, and developer track record—present uncertainty; buyers should exercise caution until full specifications and realistic delivery schedules are confirmed by the developer.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Priced in line with area median
- • Completed project — no construction risk
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
RM700–1,000
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
4.8x
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
- • Located in Sitiawan, Perak
- • By Developer
Risk Factors
- • 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.