Finance & Investing

Ipoh New Property for Investment

What the live project data can tell an investor — entry prices, what is completed, what completes when and price per square foot — and the part it cannot: rent and future price. Every figure here updates when a project’s data changes.

Quick answer. I list 41 new projects in Ipoh, from RM170,000. 12 are already completed and can be rented out without a construction wait; 29 are still being built. I do not forecast rental yield or capital growth — that needs transaction and rent data I do not have — so this page shows what can be measured and tells you how to check the rest.

Completed now — no construction wait

For a buy-to-let, a finished home removes two risks at once: you inspect the actual unit, and rent can start as soon as it is tenanted rather than after a two- or three-year build.

ProjectAreaTypeFromTenure
Lapangan HarmoniPengkalan & St18Single Storey Terrace HouseRM395,000Freehold
LexViewLahatDouble Storey Terrace HouseRM428,000Leasehold
Klemeru 2Klebang / MeruDouble Storey Terrace HouseRM488,000Leasehold
Lapangan IndahBotaniDouble Storey Terrace HouseRM495,000Leasehold
Shatin ResidencePengkalan & St18Double Storey Terrace HouseRM523,000Leasehold
SubaruBotaniTriple Storey Terrace HouseRM570,000Leasehold
ZentologyBotaniDouble Storey Terrace HouseRM648,800Leasehold
BungalowDees PremierBotaniDouble Storey Semi-DRM820,000Leasehold
Pulai Heights Phase8BotaniDouble Storey Semi-DRM850,000Freehold
The Grand 9Pengkalan & St18Double Storey Semi-DRM950,000Leasehold
Cavelle@ Serene GardenBotaniDouble Storey Semi-DRM988,000Freehold
Villa D'PoloIpoh TownDouble Storey Semi-DRM1,357,550Leasehold

All completed homes are also on the completed houses page.

The lowest entry prices

A lower entry price means a smaller loan and less cash tied up — which matters more for an investor than for an owner-occupier, because the return is measured against what you put in.

ProjectAreaTypeFromTenureCompletion
SantoriniBotaniApartment/ CondominiumRM170,000Freehold2028 Q2
Anderson Residences 2Ipoh TownApartmentRM197,000Freehold2027 Q4
Gopeng Avante (Single Storey Terrace House)GopengSingle Storey Terrace HouseRM278,000Leasehold2027
Desa Chemor ImpianChemorSingle Storey Terrace HouseRM297,000Leasehold2027 Q4
Taman Raia Saujana III (Single Storey Terrace House)GopengSingle Storey Terrace HouseRM298,888LeaseholdQ1 2028
Desa Park ChemorChemorDouble Storey Terrace HouseRM313,200Freehold2028 Q2
Raffles 188Ipoh TownCondominiumRM317,205Leasehold2027 Q3
Klebang Ria (6C&6D)Klebang / MeruSingle Storey Terrace HouseRM338,000Freehold2026 Q4

Starting prices for the entry unit type. More under a budget: under RM400k · under RM500k.

Price per square foot, where the built-up is published

Price per square foot of built-up is the fairer comparison between a small cheap unit and a larger dearer one. Only projects whose developer publishes a built-up figure are included.

ProjectFromBuilt-upAbout
Taman Raia Saujana III (Double Storey Terrace House)RM398,8881,920 sq ftRM208 / sq ft
Desa Park ChemorRM313,2001,454 – 1,887 sq ftRM215 / sq ft
Olive GroveRM477,4502,001 sq ftRM239 / sq ft
Diamond Pavilion (Type A)RM1,046,8003,778 sq ftRM277 / sq ft
Pinggiran Pengkalan Bayu (2.5 Storey Semi-D)RM998,0003,521 sq ftRM283 / sq ft
Diamond Pavilion (Type B)RM958,8003,229 sq ftRM297 / sq ft
Taman Raia Saujana III (Single Storey Terrace House)RM298,8881,000 sq ftRM299 / sq ft
Pinggiran Pengkalan Bayu (Double Storey Semi-D)RM918,0002,905 sq ftRM316 / sq ft
Desa Chemor ImpianRM297,000800 sq ftRM371 / sq ft

Worked on the entry price against the smallest published built-up. Where a project offers several sizes, ask for the exact unit’s price and size before relying on the figure.

What completes when — upcoming projects

New supply matters to an investor in a way it does not to an owner-occupier: several projects completing in the same area in the same year means several landlords looking for tenants at once.

Completing 2026 · 3 projects

Completing 2027 · 13 projects

Completing 2028 · 12 projects

Completing 2029 · 1 project

  • Forresta — Double Storey Terrace House, Botani, from RM599,999

Before you buy to let — what to check yourself

  • Real rents, not projections. Look up current asking rents for completed units in the same street or township on iProperty, PropertyGuru and Mudah. A developer’s “rental potential” is not a figure.
  • Who would rent it. Chemor sits near industrial and commercial employment; Tambun and Bercham near the Sunway hub and Sunway Medical Centre; Ipoh Town is the city centre. Match the house to a tenant who actually works nearby.
  • Holding costs. Maintenance and sinking fund (strata), quit rent, assessment, insurance — and a month or two of vacancy each year.
  • The loan. From the third housing loan onwards the margin is capped at 70%. Check your DSR before paying a booking fee.
  • Selling later. RPGT applies to the gain, and the rate depends on how long you hold.
  • Tenure. Freehold or leasehold, and the remaining term — see freehold vs leasehold.

Where to go next

Prices by area Freehold projects Ask about investment options

General information, not financial or investment advice. Prices are starting prices for the entry unit type and change with the developer’s package.
Compiled and reviewed by MaSk Chan, REN 49335 · IQI Global.

Common questions

Which new property in Ipoh is best for investment?

There is no single answer that holds for every investor, and anyone who names one without asking your budget, holding period and whether you want rent or resale is guessing. What the data can show: 12 of the 41 projects I list are already completed and can be rented out without a construction wait, the lowest entry price is RM170,000 (Santorini), and 5 are freehold at RM500,000 or below. Start from those three filters, then check actual rents for that address.

What is the rental yield for new property in Ipoh?

I do not publish a rental yield figure, because an honest one needs real asking and achieved rents for comparable completed units at that address, and I do not have verified rent data. Check current asking rents on iProperty, PropertyGuru and Mudah for completed units in the same street or township, then divide a year of realistic rent by the full price you would pay.

What upcoming property projects are there in Ipoh?

On my current list, 29 projects are still under construction: 3 completing in 2026, 13 completing in 2027, 12 completing in 2028, 1 completing in 2029. The full list by completion year is on this page, and every project links to its own page with prices, sizes and tenure.

Are there completed new properties in Ipoh I can rent out straight away?

Yes — Lapangan Harmoni in Pengkalan & St18, from RM395,000; LexView in Lahat, from RM428,000; Klemeru 2 in Klebang / Meru, from RM488,000; Lapangan Indah in Botani, from RM495,000; Shatin Residence in Pengkalan & St18, from RM523,000; Subaru in Botani, from RM570,000; Zentology in Botani, from RM648,800; BungalowDees Premier in Botani, from RM820,000; Pulai Heights Phase8 in Botani, from RM850,000; The Grand 9 in Pengkalan & St18, from RM950,000; Cavelle@ Serene Garden in Botani, from RM988,000; Villa D'Polo in Ipoh Town, from RM1,357,550. A completed home lets you inspect the actual unit and start collecting rent without funding a construction period.

How much loan can I get for an investment property in Malaysia?

For a first or second housing loan, banks commonly finance up to 90% of the price. From the third housing loan onwards, Bank Negara caps the margin at 70%, so the cash you need up front rises sharply. Your DSR decides how much the bank will actually approve; the DSR guide explains how that is worked out.

Do I pay tax when I sell an Ipoh property?

Possibly. Real Property Gains Tax applies to the gain when you sell, at a rate that depends on how long you held it and whether you are a Malaysian citizen. It matters most if you plan to sell within a few years. The RPGT guide on this site sets out the current rates.

Is freehold better than leasehold for investment?

It changes how a bank values the property and how easily it resells late in the lease, but a new leasehold title is issued fresh, so the difference is smaller on a new launch than on an old subsale. 5 freehold projects on my list are at RM500,000 or below; the freehold vs leasehold guide covers what actually changes.