Under ConstructionFreehold

Elmina Ridge 2 @ City of Elmina

by Sime Darby PropertyShah Alam, Selangor

From

RM770k

Price From

RM770k

ReviewWorth ConsideringBased on verified transaction data

Elmina Ridge 2 @ City of Elmina Review — Worth Buying?

NP Score

7.7/10

Worth Considering

The case for buying

  • Established Shah Alam location with mature infrastructure
  • Sime Darby Property track record of quality developments
  • Freehold tenure provides long-term ownership security
  • Strategic Selangor position for future appreciation potential
  • Upcoming completion offers pre-launch investment opportunity

The honest verdict

Value & Pricing

Pricing details remain unannounced, limiting comparative analysis; however, Sime Darby Property's track record suggests competitive positioning within Shah Alam's mid-to-premium landed segment, though final pricing will determine value proposition relative to established competitors.

Location & Connectivity

Shah Alam offers mature infrastructure and accessibility via major highways (Federal, New Pantasonic, and Shah Alam Expressway), though the absence of nearby MRT connectivity may disadvantage long-term appeal compared to transit-oriented developments, particularly for Kuala Lumpur commuters.

Risk & Timing

The 2028 completion timeline presents moderate execution risk across a 4+ year development period; buyers should monitor developer delivery track record and market conditions, as economic fluctuations and extended timelines could impact end-financing terms and property market sentiment upon completion.

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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)
  • Comparable projects side-by-side
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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 2 @ 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 2 @ City of Elmina Video Tour

Watch a video tour of Elmina Ridge 2 @ 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
BBQ Area
Central Park
Lakeside Mall

Why Consider Elmina Ridge 2 @ City of Elmina?

Based on location data and market analysis

  • Established Shah Alam location with mature infrastructure
  • Sime Darby Property track record of quality developments
  • Freehold tenure provides long-term ownership security
  • Strategic Selangor position for future appreciation potential
  • Upcoming completion offers pre-launch investment opportunity

Investment Snapshot

Based on verified transaction data for Selangor

Est. Monthly Rental

RM2,5003,300

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 · 4.8% gross yield

See Airbnb guide →

Area Price Trend

+8.9%

Verified sold prices 2021–2025

Price-to-Income

6.0x 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 3,152/mo

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

52% Principal — RM 693,00048% Interest — RM 630,888

Minimum gross monthly income typically needed

RM 5,254/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 77,000
Stamp duty (MOT + loan)RM 20,565
Legal fees (SPA + loan)RM 17,130
Total upfrontRM 114,695

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 770,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Elmina Ridge 2 @ City of Elmina?

Elmina Ridge 2 @ City of Elmina starts from RM770k. Contact the developer directly on NewProjek for the latest pricing.

Where is Elmina Ridge 2 @ City of Elmina located?

Elmina Ridge 2 @ City of Elmina is located in Shah Alam, Selangor, Malaysia.

Who is the developer of Elmina Ridge 2 @ City of Elmina?

Elmina Ridge 2 @ City of Elmina is developed by Sime Darby Property. They are a verified developer on NewProjek.

What type of property is Elmina Ridge 2 @ City of Elmina?

Elmina Ridge 2 @ City of Elmina is a Landed House development with Freehold tenure.

What is the construction status of Elmina Ridge 2 @ City of Elmina?

Elmina Ridge 2 @ City of Elmina is currently Under Construction. Expected completion is 2028.

Berapa harga Elmina Ridge 2 @ City of Elmina?

Elmina Ridge 2 @ City of Elmina dijual bermula dari RM770k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Interested in Elmina Ridge 2 @ 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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