The Gulf @ Ipoh
Powered by verified data + DOSM
Generated 29 July 2026
Developer
—
Location
Ipoh, Perak
Type
Landed House
Price
RM485k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing at RM485,000 offers competitive positioning for landed houses in Ipoh, though pricing competitiveness should be verified against comparable developments in the area to assess value-for-money relative to specifications and finishes.
- •**Location & Connectivity**: Ipoh city location provides reasonable accessibility to commercial and retail amenities, but the absence of nearby MRT connectivity limits modern public transportation options and may impact long-term appreciation compared to properties along mass transit corridors.
- •**Risk & Timing**: Incomplete information regarding tenure type and completion timeline presents uncertainty for investment decision-making; clarification on these critical details and the developer's track record is essential before commitment, particularly given Ipoh's relatively slower growth trajectory compared to Klang Valley markets.
NewProjek Score
5.5
Moderate
- • Developer verification status not confirmed
- • Priced 52% above area median — premium pricing
- • 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
RM1,400–1,900
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
8.6x
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 |
|---|---|---|---|
| Taman Permatang Maju @ Sitiawan | Sitiawan | RM259k | Completed |
| City on The Hills @ Gopeng, Kampar, Perak | Ipoh | RM268k | New Launch |
| Taman Serai Emas, 1-Storey & 2-Storey Terrace @ Bagan Serai, Parit Buntar, Perak | Parit Buntar | RM300k | Completed |
Why Consider
- • Located in Ipoh, Perak
- • By Developer
Risk Factors
- • 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.