Teluk Kechai @ Kedah
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Teluk Kechai, Kedah
Type
Landed House
Price
RM385k+
Tenure
Freehold
Completion
2026
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM385,000 offers affordability for first-time buyers, though the landed house segment in Kedah typically shows modest capital appreciation; pricing appears competitive for the state but requires comparison with nearby completed projects to assess true value proposition.
- •**Location & Connectivity**: Teluk Kechai lacks immediate public transport infrastructure (no MRT access), relying on road connectivity to major employment centers; proximity to Alor Setar and accessibility via federal routes should be verified, as transportation dependency may limit buyer appeal and resale liquidity.
- •**Risk & Timing**: Extended 2026 completion timeline introduces construction delays and market condition risks; early-stage project in a secondary market location presents higher execution risk compared to established developments, and buyer financing approval over a 3+ year period carries additional uncertainty.
NewProjek Score
6.5
Moderate
- • Developer verification status not confirmed
- • Freehold tenure provides long-term ownership security
- • Priced 28% above area median
Is this project priced fairly?
Kedah — Median Condo Prices (Verified)
| 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
RM1,200–1,600
Based on similar properties in Kedah
Gross Rental Yield
3.9%–4.9%
Annual rental / property price
Area Price Trend
+10.6%
Verified data 2021–2025
Price-to-Income
6.6x
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 Kedah
Median Household Income
RM4,895/mo
DOSM 2024
Mean Household Income
RM5,793/mo
DOSM 2024
Households Above RM8k
~28%
Estimated for Kedah
Similar projects in Kedah
| Project | Location | Price From | Status |
|---|---|---|---|
| Taman Sejahtera @ Kedah | Daerah Sik | RM235k | Completed |
| 1-Storey Terrace @ Pendang, Kedah | Pendang | RM270k | New Launch |
| 1 Storey Terrace @ Taman Wawasan II, Kota Sarang Semut, Pendang, Kedah | Pendang | RM278k | New Launch |
Why Consider
- • Affordable freehold landed house at RM385,000 entry price
- • Strategic Kedah location with growing development potential
- • Completion 2026 offers mid-term investment growth opportunity
- • Spacious landed property ideal for families and investors
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 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.