๐Ÿ“Š Property Intelligence Report

The Lakes @ Batu Gajah, between Seri Iskandar & Simpang Pulai, Perak

Powered by NAPIC + DOSM data

Generated 15 March 2026

Executive Summary

Developer

โ€”

Location

Batu Gajah, Perak

Type

Landed House

Price

RM377k+

Tenure

โ€”

Completion

โ€”

NewProjek Verdict

The Lakes @ Batu Gajah, between Seri Iskandar & Simpang Pulai, Perak by the developer is a Landed House development in Batu Gajah, Perak starting from RM377k. With standard tenure, it offers a new launch opportunity worth evaluating against comparable projects in the area.

๐ŸŸก MEDIUM RISK
  • โ€ข Developer verification status not confirmed
  • โ€ข Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM377,000
Perak MedianRM320,000
Priced 18% above area median

Perak โ€” Median Condo Prices (NAPIC)

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

Est. Monthly Rental

RM1,100โ€“1,400

Based on similar properties in Perak

Gross Rental Yield

3.5%โ€“4.5%

Annual rental / property price

Area Price Trend

+9.8%

NAPIC data 2021โ€“2025

Price-to-Income

7.0x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kโœ… Yes
RM7,000RM1.0 milโœ… Yes
RM10,000RM1.5 milโœ… Yes
RM15,000RM2.3 milโœ… Yes
RM20,000RM3.2 milโœ… Yes

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

โœ… Why Consider

  • โ€ข Located in Batu Gajah, Perak
  • โ€ข By Developer

โš ๏ธ Risk Factors

  • โ€ข Under construction โ€” completion delays are possible
  • โ€ข No MRT/LRT station listed nearby โ€” may affect future demand

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.

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