New LaunchLeasehold

Mori Park

by Mori Park DevelopmentShah Alam, Selangor

From

RM270k

Price From

RM270k

Price To

RM810k

Total Units

812

ReviewWorth ConsideringBased on verified transaction data

Mori Park Review — Worth Buying?

NP Score

7.5/10

Worth Considering

The case for buying

  • Shah Alam strategic location with excellent commercial and residential connectivity
  • Affordable entry price point for serviced apartment investment portfolio
  • 2028 completion offers potential capital appreciation in growing market
  • Developer track record ensures quality construction and professional management
  • Leasehold serviced apartments provide passive rental income opportunities

The honest verdict

Pricing & Value

RM270,000 entry point is competitive for serviced apartments in Shah Alam's mid-range segment, though returns depend on rental demand and management efficiency of the serviced apartment operator post-completion.

Location & Connectivity

Shah Alam offers established infrastructure and amenities, but the absence of nearby MRT connectivity limits appeal to transit-dependent buyers; reliance on personal vehicles or buses may constrain tenant pool and resale liquidity.

Risk & Timing

Five-year construction timeline (completion 2028) carries execution and market cycle risk; leasehold tenure with unspecified lease period adds depreciation concerns, and buyers should clarify remaining tenure and developer track record before committing.

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Project Details

Property Type

Serviced Apartment

Land Tenure

Leasehold

Construction Status

New Launch

Expected Completion

2028

Total Units

812

Bumi Discount

Not Available

About Mori Park

Mori Park is a transit-oriented development in Seksyen 13, Shah Alam, Selangor.

Why Consider Mori Park?

Based on location data and market analysis

  • Shah Alam strategic location with excellent commercial and residential connectivity
  • Affordable entry price point for serviced apartment investment portfolio
  • 2028 completion offers potential capital appreciation in growing market
  • Developer track record ensures quality construction and professional management
  • Leasehold serviced apartments provide passive rental income opportunities

Investment Snapshot

Based on verified transaction data for Selangor

Est. Monthly Rental

RM9001,200

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 · 13.8% gross yield

See Airbnb guide →

Area Price Trend

+8.9%

Verified sold prices 2021–2025

Price-to-Income

2.1x 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 1,105/mo

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

52% Principal — RM 243,00048% Interest — RM 221,220

Minimum gross monthly income typically needed

RM 1,842/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

Down payment (10%)RM 27,000
Stamp duty (MOT + loan)RM 5,615
Legal fees (SPA + loan)RM 6,413
Total upfrontRM 39,028

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 270,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Mori Park?

Mori Park starts from RM270k up to RM810k. Contact the developer directly on NewProjek for the latest pricing.

Where is Mori Park located?

Mori Park is located in Shah Alam, Selangor, Malaysia.

Who is the developer of Mori Park?

Mori Park is developed by Mori Park Development.

What type of property is Mori Park?

Mori Park is a Serviced Apartment development with Leasehold tenure. It comprises 812 units.

What is the construction status of Mori Park?

Mori Park is currently New Launch. Expected completion is 2028.

Berapa harga Mori Park?

Mori Park dijual bermula dari RM270k hingga RM810k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

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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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