Taman Permatang Maju @ Sitiawan
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Sitiawan, Perak
Type
Townhouse
Price
RM259k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing of RM259,000 offers affordability for first-time buyers in the mid-market segment, though without completion timeline or tenure details, cost-benefit assessment remains incomplete and potential hidden costs cannot be evaluated.
- •**Location & Connectivity**: Sitiawan's peripheral location in Perak presents limited urban connectivity with no MRT access, relying primarily on road networks; proximity to Ipoh (approximately 90km) may constrain daily commutability and long-term appreciation potential compared to Klang Valley properties.
- •**Risk & Timing**: Absence of specified completion date and tenure information creates significant uncertainty regarding investment timeline and property rights; market absorption risk is elevated given the township's modest demand trajectory and competitive alternatives in more developed regions.
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 (Verified)
| 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%
Verified data 2021–2025
Price-to-Income
4.6x
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
RM4,687/mo
DOSM 2024
Mean Household Income
RM6,173/mo
DOSM 2024
Households Above RM8k
~26%
Estimated for Perak
Similar projects in Perak
| Project | Location | Price From | Status |
|---|---|---|---|
| Kampus West City Condominium @ Kampar | Kampar | RM228k | Completed |
| Alpinia @ Ipoh | Ipoh | RM238k | New Launch |
| City on The Hills @ Gopeng, Kampar, Perak | Ipoh | RM268k | New Launch |
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 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.