From
RM1.1mil
Price From
RM1.1mil
Palmwood 2 Review — Worth Buying?
NP Score
5.5/10
Moderate
The honest verdict
Value & Pricing
Unit prices starting from RM1,110,095 appear competitive for mid-range residential development in Selangor, though value assessment requires clarity on built-up area, unit mix, and amenities relative to comparable projects in the vicinity.
Location & Connectivity
The Selangor location lacks immediate MRT accessibility, potentially limiting appeal to public transport-dependent buyers; connectivity depends on proximity to major highways, commercial centers, and planned transit infrastructure that should be verified with the developer.
Risk & Timing
Absence of specified tenure type and completion timeline creates uncertainty for buyers regarding freehold/leasehold status and investment returns; these critical details must be confirmed before purchase, as they directly impact long-term asset value and financing eligibility.
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- Market price analysis — is it fairly priced?
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- Area income profile (DOSM)
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Project Details
Construction Status
Under Construction
Bumi Discount
Not Available
About Palmwood 2
Why Consider Palmwood 2?
Based on location data and market analysis
- ✓Located in Selangor, Malaysia
- ✓By SP Setia — verified developer on NewProjek
Investment Snapshot
Based on verified transaction data for Selangor
Est. Monthly Rental
RM3,500–4,800
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 · 3.4% gross yield
Area Price Trend
+8.9%
Verified sold prices 2021–2025
Price-to-Income
8.6x 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
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 4,544/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 7,574/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 Palmwood 2?▼
Palmwood 2 starts from RM1.1mil. Contact the developer directly on NewProjek for the latest pricing.
Where is Palmwood 2 located?▼
Palmwood 2 is located in Selangor, Malaysia.
Who is the developer of Palmwood 2?▼
Palmwood 2 is developed by SP Setia.
What type of property is Palmwood 2?▼
Palmwood 2 is a residential development.
What is the construction status of Palmwood 2?▼
Palmwood 2 is currently Under Construction.
Berapa harga Palmwood 2?▼
Palmwood 2 dijual bermula dari RM1.1mil. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Interested in Palmwood 2?
Connect directly with the developer. Real market prices.
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SP Setia
SP Setia Berhad is one of Malaysia's largest and most respected property developers. With a diverse portfolio spanning residential townships, integrated developments and commercial properties, SP Setia has built some of Malaysia's most iconic neighbourhoods.
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View all projects by SP Setia →Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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