New LaunchFreehold

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara

Damansara, Selangor

From

RM694k

Price From

RM694k

Built-Up

1,250 sqft

Price Insights

Developer Asking Price

RM555/sqft

Based on RM694k ÷ 1,250 sqft

Selangor Market Range

RM350600/sqft

Q3 2025 median (high-rise residential)

Based on Damansara, Selangor market data, similar properties transact at RM350–RM600 psf. This project is priced within the market range for the area.

ReviewDo Your HomeworkBased on verified transaction data

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara Review — Worth Buying?

NP Score

6/10

Moderate

Asking PSF

RM555

per sqft

The case for buying

  • Established Damansara location with strong property appreciation track record
  • Freehold tenure ensures long-term ownership and investment value
  • Competitive pricing at RM694k in sought-after residential area
  • Close proximity to Sungai Penchala amenities and nature reserves
  • Excellent connectivity to major business districts and highways

The honest verdict

Value & Pricing

Pricing from RM694,000 is competitive for the Damansara corridor; however, without specified completion timeline, valuation benchmarking against comparable recent launches is limited, and buyers should verify price-per-sqft against nearby developments to confirm market positioning.

Location & Connectivity

Damansara offers established residential appeal with shopping and commercial proximity, but the absence of nearby MRT connectivity is a significant drawback in an era of transit-oriented development, limiting long-term appeal to car-dependent occupants and potentially affecting future rental demand.

Risk & Timing

The lack of a specified completion date presents execution and financing risk; buyers should request detailed project timelines and obtain legal assurance before commitment, as prolonged construction periods in this market segment directly impact property appreciation and rental income projections.

Unlock the full data report — free with sign-in:

  • 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
View Full Report — Free with Sign-in

No payment needed · Takes 10 seconds

Compare more Selangor property reviews →

Project Details

Property Type

Condominium

Land Tenure

Freehold

Construction Status

New Launch

Bumi Discount

Not Available

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara Video Tour

Watch a video tour of Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara in Damansara, Selangor. Condominium by Developer.

Video sourced from YouTube. Not affiliated with the developer.

More videos →

Why Consider Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Based on location data and market analysis

  • Established Damansara location with strong property appreciation track record
  • Freehold tenure ensures long-term ownership and investment value
  • Competitive pricing at RM694k in sought-after residential area
  • Close proximity to Sungai Penchala amenities and nature reserves
  • Excellent connectivity to major business districts and highways

Investment Snapshot

Based on verified transaction data for Selangor

Est. Monthly Rental

RM2,2003,000

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 · 5.4% gross yield

See Airbnb guide →

Area Price Trend

+8.9%

Verified sold prices 2021–2025

Price-to-Income

5.4x 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 Damansara

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 2,841/mo

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

52% Principal — RM 624,60048% Interest — RM 568,618

Minimum gross monthly income typically needed

RM 4,735/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 69,400
Stamp duty (MOT + loan)RM 17,943
Legal fees (SPA + loan)RM 15,686
Total upfrontRM 103,029

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 694,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara starts from RM694k. Contact the developer directly on NewProjek for the latest pricing.

Where is Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara located?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara is located in Damansara, Selangor, Malaysia.

Who is the developer of Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara is developed by Developer.

What type of property is Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara is a Condominium development with Freehold tenure.

What is the construction status of Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara is currently New Launch.

Berapa harga Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara dijual bermula dari RM694k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Interested in Penchala 188 Residence, Condominium @ Sungai Penchala, Damansara?

Connect directly with the developer. Real market prices.

Direct developer pricing

Price list within 24hrs

Free transaction report

Your details go directly to the developer. Straight to the developer's sales team.

I confirm that I have read the privacy policy and allow my information to be shared with this developer who may contact me later.

Save to Favourites

Verified Transaction Data

What do units here actually sell for?

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

Search Transaction Data →

Follow for new-launch reviews

We review new launches like this one — verified prices, real verdicts, no fluff. Follow @newprojek.my so the next one finds you.