Property Review

Taman Serai Emas, 2-Storey Shop Office @ Bagan Serai, Parit Buntar, Perak

Powered by NAPIC + DOSM data

Generated 29 April 2026

← Back to listing
Executive Summary

Developer

Location

Parit Buntar, Perak

Type

Landed House

Price

RM568k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM568,000 entry point is competitive for freehold shop offices in secondary towns, though pricing appears aligned with regional norms rather than offering exceptional value; absence of completion timeline creates uncertainty regarding actual delivery and potential cost escalations.
  • **Location & Connectivity**: Parit Buntar is a tertiary commercial hub with limited public transportation infrastructure (no MRT access) and moderate accessibility; viability depends heavily on local business activity and vehicular traffic patterns, making it suitable primarily for operators serving the immediate Perak community.
  • **Risk & Timing**: Primary risks include extended sales period and uncertain demand for commercial space in a smaller market; indefinite completion date presents significant execution risk and may indicate early-stage development or market readiness concerns that warrant clarification before commitment.

NewProjek Score

6

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 78% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM568,000
Perak MedianRM320,000
Priced 78% above area median

Perak — Median Condo Prices (NAPIC)

YearMedian PriceYoY Change
2021RM255,000
2022RM261,000+2.4%
2023RM267,000+2.3%
2024RM274,000+2.6%
2025RM280,000+2.2%
Investment Analysis

Est. Monthly Rental

RM1,600–2,200

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

10.5x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
RM7,000RM1.0 milYes
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 Perak

Median Household Income

RM4,494/mo

DOSM 2022

Mean Household Income

RM5,779/mo

DOSM 2022

Households Above RM8k

~25%

Estimated for Perak

Comparable Projects

Similar projects in Perak

Why Consider + Risk Factors

Why Consider

  • Located in Parit Buntar, Perak
  • Freehold title property
  • 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
🔒

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

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.