7 Affordable Properties in Perak Under RM400,000
In this article:
In Malay, the word “perak” translates to “silver”. And although silver is not in the same elite category as gold, it’s still at a level considered to be prestigious.
The same can be said about the Malaysian state of Perak. One could say that the country’s ‘gold medals’ in terms of economic pull and popularity might belong to Selangor and Penang. But Perak, which is geographically located between those two states, can be placed in the ‘silver’ category.
Why Live in Perak?
Late last year, the Malaysian Government announced the New Industrial Master Plan 2030 (NIMP 2030). The intent is to generate growth in manufacturing sector nationwide and create spill over to other sectors such as tourism, distributive trade and other services sectors.
Perak has been marked as area for automotive and electronic vehicle (EV) manufacturing. RM40 billion is being pumped into The Automotive Hi-Tech Valley (AHTV) project in Tanjung Malim while other industrial areas in the state such as the Lumut Maritime Industrial City (LuMIC), Ipoh Raya Integrated Park, and a new high-technology industrial area in Kerian are also being pushed.
These developments are expected to accelerate the demand for property in Perak. So, whether it’s property search for living or investing, being the early bird will have many advantages!
7 properties in Perak under RM400,000
1. Bandar Baru Tambun (Ipoh)
Located along Jalan Bandar Baru Tambun 6, Ipoh, this neighbourhood is surrounded by trees and gardens to enhance its beauty. Security is prioritized with 24-hour surveillance by security guards patrol.
Schools and super markets are located on walking distance while restaurants, cafes, mosques, banks, petrol stations, and shop lots are also nearby.
You can find a 3-storey leasehold terrace here for just RM479,000. It features 5 bedrooms and 4 bathrooms and floor size of 1,500 sqft. Other unit features include air-conditioning, water heater, and car park.
Other properties within the area:
Project | Price |
RM 255,000 – RM 325,000 | |
RM 165,000 |
2. Crystal Creek (Taiping)
Taiping is a popular destination for those seeking a quieter, more peaceful lifestyle. Crystal Creek is a condominium which is strategically located and offers easy access to Taiping’s must-see destinations. It is only around 2-minutes away Taiping Lake Garden and Taiping Zoo, and 5-minutes away from Taiping Mall.
You can get a 3 bedroom and 2 bathroom unit here for only RM240,000. This freehold property is located on high floor, partly-furnished, and has a built-up area of 1,354 sqft.
Facilities here include a swimming pool & natural waterfall, gymnasium, covered parking, playground, jogging track, and 24-hour security.
Other properties within the area:
Project | Price |
RM 255,000 – RM 325,000 | |
RM 165,000 |
3. Taman Sejahtera (Kampar)
Kampar used to be one of the largest tin-producing areas in the world. Nowadays, it is home to the renowned Universiti Tunku Abdul Rahman (UTAR), making it a thriving university town that offers a vibrant and youthful atmosphere.
Taman Sejahtera is located just 5-minutes away from the town centre and you can find a 1-storey terrace house here for RM248,880. This leasehold unit has 4 bedrooms and 2 bathrooms with a land size of 2,141 sqft. and built-up size of 1,116 sqft.
Other properties within the area:
Project | Price |
RM 177,000 | |
RM 145,000 – RM 192,000 |
4. Bandar Baru Setia Awan Perdana (Setiawan)
Located 54 kilometres from Ipoh and adjacent to the West Coast Expressway (WCE), Bandar Baru Setia Awan Perdana offers luxury lifestyle for a fraction of the price. As a PR1MA property, this project is very affordable and you can can choose from 1-storey terrace homes, semi-detached cluster homes, and single-storey bungalows.
This 1-storey terrace, for example, is available for RM192,000 and features 3 bedrooms, 2 bathrooms, and 1,300 sqft land area. The lease is freehold and there is a package offer which includes no deposit and free SPA and loan agreement fees.
Facilities in this development area includes a tropical lake garden and recreational park, a water theme park, a golf driving range, futsal, tennis, and basketball courts, multipurpose hall, Olympic-sized swimming pool, and many more.
Other properties within the area:
Project | Price |
RM 177,000 | |
RM 145,000 – RM 192,000 |
5. Cadence, Damiana @ Proton City (Tanjung Malim)
Remember earlier in the article when we mentioned that the Automotive Hi-Tech Valley (AHTV) is being developed in Tanjung Malim? Well, the town has always been known as an automotive area, thanks to the presence of Proton City.
Proton City is an integrated township that spans across 4,000 acres, consisting of ingenious residential, commercial, institutional as well as industrial parcels that are spruced around seven alluring lakes, a state-of-the-art Proton Plant and the acclaimed Universiti Pendidikan Sultan Idris.
A 2 bedroom and 2 bathroom apartment unit is available here for RM108,000. The unit is partially furnished and has a built-up area of 710 sqft. Among the facilities on offer include a swimming pool, gymnasium, tennis court, barbeque area, club house, minimart, playground, squash court, jogging track and multi purpose hall.
6. Bandar Universiti Seri Iskandar @ Ceria (Seri Iskandar)
Seri Iskandar is planned township that has gained popularity in recent years mainly due to the presence of of two university campuses, which are the main campus of Universiti Teknologi PETRONAS and a branch campus of Universiti Teknologi MARA. Other educational institutions are Kolej Profesional MARA, Institut Kemahiran Belia Negara, Institut Latihan KEMAS and Kolej Vokasional MARA.
Bandar Universiti Seri Iskandar @ Ceria is an affordable terraced development in Sri Iskandar. There are plenty of restaurants, supermarkets and clinics close to the housing development.
You can get a 3 bedroom and 2 bathroom unit here for RM280,000. It has a land size of 1,540 sqft and floor size of 1,800 sqft. 24-hours security is available and other amenities include covered car parks and a playground.
7. Lagenda Teluk Intan (Teluk Intan)
Who needs to go to Italy to see the Leaning Tower of Pisa when Teluk Intan has its own iconic leaning tower? Joking aside, Teluk Intan is a charming town that offers a blend of history and modern conveniences.
Looking for property here? Then you should consider Lagenda Teluk Intan, the first and biggest affordable planned township in the region. It covers an area of 1,099 acres, and surrounded by various facilities including schools, medical centers, supermarkets, recreation centers, with easy access via the West Coast Expressway (WCE).
You can get a semi-detached cluster house here for RM250,000. This leasehold property has 3 bedrooms and 2 bathrooms with a floor size of 920 sqft. A package offer is also available which includes free legal fees and stamp duty.
