Topaz Height, Double Storey Semi-D @ Miri, Sarawak
Powered by NAPIC + DOSM data
Generated 29 April 2026
Developer
—
Location
Miri, Sarawak
Type
Landed House
Price
RM818k+
Tenure
Leasehold
Completion
—
NewProjek Verdict
- •**Value & Pricing**: RM818,000 entry price for double storey semi-D in Miri is competitively positioned for the local market, offering reasonable value for landed property; however, leasehold tenure (typically 99 years) may impact long-term appreciation and resale demand compared to freehold alternatives.
- •**Location & Connectivity**: Miri's secondary city status provides stable residential demand but lacks major public transport infrastructure (no MRT); accessibility depends on road networks and personal vehicle ownership, limiting appeal for those prioritizing urban connectivity and mobility options.
- •**Risk & Timing**: Undefined completion timeline presents execution risk and potential delays in possession; early-stage project phases may carry development uncertainty, and the Sarawak property market's slower liquidity compared to major peninsular hubs could extend selling timelines if circumstances require future exit.
NewProjek Score
5.3
Moderate
- • Developer verification status not confirmed
- • Leasehold tenure — check remaining lease years
- • Priced 110% above area median — premium pricing
Is this project priced fairly?
Sarawak — Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM310,000 | — |
| 2022 | RM318,000 | +2.6% |
| 2023 | RM325,000 | +2.2% |
| 2024 | RM333,000 | +2.5% |
| 2025 | RM340,000 | +2.1% |
Est. Monthly Rental
RM2,800–3,800
Based on similar properties in Sarawak
Gross Rental Yield
4.3%–5.3%
Annual rental / property price
Area Price Trend
+9.7%
NAPIC data 2021–2025
Price-to-Income
13.7x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | No |
| 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 Sarawak
Median Household Income
RM4,978/mo
DOSM 2022
Mean Household Income
RM6,457/mo
DOSM 2022
Households Above RM8k
~28%
Estimated for Sarawak
Similar projects in Sarawak
| Project | Location | Price From | Status |
|---|---|---|---|
| SouthLake Terrace @ SouthLake Permyjaya | Miri | RM587k | New Launch |
| Springfield Residence, SOHO Apartment @ Tmn Seng Goon, Kuching, Sarawak | Kuching | RM649k | New Launch |
| Ardence Cahya Residence, Double Storey Terrace House @ Miri, Sarawak | Miri | RM666k | New Launch |
Why Consider
- • Strategic location in Miri's growing commercial hub
- • Competitive pricing for double storey semi-detached property
- • High rental demand from expat and local tenants
- • Potential capital appreciation in developing Sarawak market
- • Established developer with track record in region
Risk Factors
- • Under construction — completion delays are possible
- • Premium pricing relative to area median may limit resale upside
- • Leasehold tenure may depreciate faster than freehold
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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.