The Gulf @ Ipoh
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Ipoh, Perak
Type
Landed House
Price
RM485k+
Tenure
—
Completion
—
NewProjek Verdict
- •**Value & Pricing**: Entry-level pricing of RM485,000 is competitive for landed houses in Ipoh, offering reasonable value for first-time buyers; however, the absence of tenure specification and completion timeline details limits ability to assess true market value and cost-benefit positioning.
- •**Location & Connectivity**: Ipoh's established infrastructure provides adequate accessibility for residential living, though the lack of MRT connectivity and no mention of public transport proximity may constrain appeal compared to properties in Klang Valley or Selangor corridors with faster transit links.
- •**Risk & Timing**: Material project risks exist due to missing critical information including land tenure, completion date, and developer track record; purchase decisions should be deferred until these details are clarified, as delayed completions and unclear ownership structures represent significant financial exposure.
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 (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
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%
NAPIC data 2021–2025
Price-to-Income
9.0x
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 |
|---|---|---|---|
| Taman Chandan Putri, Double Storey Townhouse @ Kuala Kangsar, Perak | Ipoh | RM246k | Completed |
| Rumah Teres 1 Tingkat (Fasa 4A) @ Taman Impiana Bidor, Kampar, Perak KOTA IMPIANA PROPERTIES SDN BHD | Kampar | RM253k | New Launch |
| Taman Permatang Maju @ Sitiawan | Sitiawan | RM259k | 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 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.