Under ConstructionFreehold

Elmina Ridge 1 @ City of Elmina

by Sime Darby PropertyShah Alam, Selangor

From

RM922k

Price From

RM922k

ReviewWorth ConsideringBased on verified transaction data

Elmina Ridge 1 @ City of Elmina Review — Worth Buying?

NP Score

7.7/10

Worth Considering

The case for buying

  • Shah Alam location offers excellent accessibility and established infrastructure
  • Reputable Sime Darby Property developer ensures quality construction standards
  • Freehold tenure provides long-term ownership and investment security
  • Anticipated completion 2028 offers attractive pre-launch pricing opportunity
  • Growing Shah Alam corridor presents strong capital appreciation potential

The honest verdict

Value & Pricing

Pricing details remain to be announced, making early assessment difficult; however, Sime Darby Property's established reputation suggests competitive positioning, though actual value proposition cannot be determined until official price range is released.

Location & Connectivity

Shah Alam offers mature infrastructure and proximity to commercial hubs, but the absence of nearby MRT connectivity is a notable limitation that may impact long-term accessibility and appeal compared to transit-oriented developments.

Risk & Timing

The 2028 completion timeline presents moderate execution risk typical of large-scale projects; buyers should assess Sime Darby's track record for on-time delivery and consider that property market conditions may shift significantly over a 4+ year development period.

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  • Market price analysis — is it fairly priced?
  • Investment analysis — rental yield & capital growth
  • Loan eligibility — salary needed to buy
  • Area income profile (DOSM)
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Project Details

Property Type

Landed House

Land Tenure

Freehold

Construction Status

Under Construction

Expected Completion

2028

Bumi Discount

Not Available

About Elmina Ridge 1 @ City of Elmina

Solutions](https://www.simedarbyproperty.com//industrial/our-products-and-solutions.php) Partnerships](https://www.simedarbyproperty.com//industrial/synergistic-partnerships.php)

Elmina Ridge 1 @ City of Elmina Video Tour

Watch a video tour of Elmina Ridge 1 @ City of Elmina in Shah Alam, Selangor. Landed House by Sime Darby Property.

Video sourced from YouTube. Not affiliated with the developer.

More videos →

Facilities & Amenities

Swimming Pool
Gym
24h Security
Playground
Jogging Track
Clubhouse

Why Consider Elmina Ridge 1 @ City of Elmina?

Based on location data and market analysis

  • Shah Alam location offers excellent accessibility and established infrastructure
  • Reputable Sime Darby Property developer ensures quality construction standards
  • Freehold tenure provides long-term ownership and investment security
  • Anticipated completion 2028 offers attractive pre-launch pricing opportunity
  • Growing Shah Alam corridor presents strong capital appreciation potential

Investment Snapshot

Based on verified transaction data for Selangor

Est. Monthly Rental

RM2,9004,000

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Airbnb Estimate

RM3,100/mo

RM160/night × 65% occupancy · 4.0% gross yield

See Airbnb guide →

Area Price Trend

+8.9%

Verified sold prices 2021–2025

Price-to-Income

7.2x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Selangor (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Shah Alam

Browse real verified transaction prices for nearby properties

Can I afford this?

Estimate only — actual bank approval depends on your credit profile and existing commitments.

Est. monthly repayment

RM 3,774/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 829,69948% Interest — RM 755,335

Minimum gross monthly income typically needed

RM 6,290/mo

Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.

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Estimated cash needed upfront

Down payment (10%)RM 92,189
Stamp duty (MOT + loan)RM 25,805
Legal fees (SPA + loan)RM 20,016
Total upfrontRM 138,010

Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).

Full stamp duty & legal fee breakdown →
Property PriceRM 921,888
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Elmina Ridge 1 @ City of Elmina?

Elmina Ridge 1 @ City of Elmina starts from RM922k. Contact the developer directly on NewProjek for the latest pricing.

Where is Elmina Ridge 1 @ City of Elmina located?

Elmina Ridge 1 @ City of Elmina is located in Shah Alam, Selangor, Malaysia.

Who is the developer of Elmina Ridge 1 @ City of Elmina?

Elmina Ridge 1 @ City of Elmina is developed by Sime Darby Property. They are a verified developer on NewProjek.

What type of property is Elmina Ridge 1 @ City of Elmina?

Elmina Ridge 1 @ City of Elmina is a Landed House development with Freehold tenure.

What is the construction status of Elmina Ridge 1 @ City of Elmina?

Elmina Ridge 1 @ City of Elmina is currently Under Construction. Expected completion is 2028.

Berapa harga Elmina Ridge 1 @ City of Elmina?

Elmina Ridge 1 @ City of Elmina dijual bermula dari RM922k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Interested in Elmina Ridge 1 @ City of Elmina?

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Sime Darby Property

Sime Darby Property

Est. 1971Shah Alam
Verified Developer

Sime Darby Property Berhad is one of Malaysia's largest property developers by landbank. With major townships across Selangor including Bukit Jelutong, Elmina and Denai Alam, Sime Darby Property creates well-planned communities for Malaysian families.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

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