Kanopi Residences @ City of Elmina
From
RM584k
Price From
RM584k
Built-Up
1,000 sqft
Price Insights
Developer Asking Price
RM584/sqft
Based on RM584k ÷ 1,000 sqft
Selangor Market Range
RM350–600/sqft
Q3 2025 median (high-rise residential)
Based on City of Elmina, Shah Alam, Selangor market data, similar properties transact at RM350–RM600 psf. This project is priced within the market range for the area.
Kanopi Residences @ City of Elmina Review — Worth Buying?
NP Score
8/10
Worth Considering
Asking PSF
RM584
per sqft
The case for buying
- Reputable developer Sime Darby Property ensures quality construction
- Freehold tenure provides long-term ownership and investment security
- City of Elmina offers comprehensive lifestyle amenities and facilities
- Competitive pricing at RM584,000 for Shah Alam location
- Strategic Shah Alam location near major employment centres
The honest verdict
Pricing & Value
RM584,000 entry price is competitive for Shah Alam's mid-range condominium market, offering reasonable value; however, final pricing depends on unit size and finishes, with completion in 2028 warranting consideration of potential price appreciation against construction risk.
Location & Connectivity
City of Elmina provides urban amenities within Shah Alam, but the absence of nearby MRT access limits public transportation convenience; road connectivity via major routes mitigates this constraint for car-dependent users, though future MRT extensions should be verified.
Risk & Timing
Extended 4-year construction timeline (to 2028) introduces development and financing risks typical of mega-projects; early-stage purchase offers potential appreciation but requires confidence in Sime Darby Property's execution track record and Shah Alam's continued economic development.
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Project Details
Property Type
Condominium/Apartment
Land Tenure
Freehold
Construction Status
New Launch
Expected Completion
2028
Bumi Discount
Not Available
About Kanopi Residences @ City of Elmina
Kanopi Residences @ City of Elmina Video Tour
Watch a video tour of Kanopi Residences @ City of Elmina in City of Elmina, Shah Alam, Selangor. Condominium/Apartment by Sime Darby Property.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider Kanopi Residences @ City of Elmina?
Based on location data and market analysis
- ✓Reputable developer Sime Darby Property ensures quality construction
- ✓Freehold tenure provides long-term ownership and investment security
- ✓City of Elmina offers comprehensive lifestyle amenities and facilities
- ✓Competitive pricing at RM584,000 for Shah Alam location
- ✓Strategic Shah Alam location near major employment centres
Investment Snapshot
Based on verified transaction data for Selangor
Est. Monthly Rental
RM1,900–2,500
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 · 6.4% gross yield
Area Price Trend
+8.9%
Verified sold prices 2021–2025
Price-to-Income
4.5x 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 City of Elmina, 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 2,391/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 3,984/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.
Check with your real income →Estimated cash needed upfront
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 →Frequently Asked Questions
What is the price of Kanopi Residences @ City of Elmina?▼
Kanopi Residences @ City of Elmina starts from RM584k. Contact the developer directly on NewProjek for the latest pricing.
Where is Kanopi Residences @ City of Elmina located?▼
Kanopi Residences @ City of Elmina is located in City of Elmina, Shah Alam, Selangor, Malaysia.
Who is the developer of Kanopi Residences @ City of Elmina?▼
Kanopi Residences @ City of Elmina is developed by Sime Darby Property. They are a verified developer on NewProjek.
What type of property is Kanopi Residences @ City of Elmina?▼
Kanopi Residences @ City of Elmina is a Condominium/Apartment development with Freehold tenure.
What is the construction status of Kanopi Residences @ City of Elmina?▼
Kanopi Residences @ City of Elmina is currently New Launch. Expected completion is 2028.
Berapa harga Kanopi Residences @ City of Elmina?▼
Kanopi Residences @ City of Elmina dijual bermula dari RM584k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Interested in Kanopi Residences @ City of Elmina?
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Sime Darby Property
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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View all projects by Sime Darby Property →Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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