New LaunchLeasehold

PV 22 Residences

Setapak, Kuala Lumpur

From

RM373k

Price From

RM373k

ReviewWorth ConsideringBased on verified transaction data

PV 22 Residences Review — Worth Buying?

NP Score

7/10

Worth Considering

The case for buying

  • Strategic Setapak location with excellent connectivity to KL
  • Affordable entry price at RM373,000 for service residence
  • Strong rental potential in established residential neighbourhood
  • 2028 completion offers property appreciation opportunity for investors
  • Service residence amenities provide passive income through management

The honest verdict

Value & Pricing

Entry-level pricing of RM373,000 offers accessibility for first-time buyers, though service residence status typically commands premium maintenance fees that should be verified against comparable market offerings in the RM300k-400k segment.

Location & Connectivity

Setapak's accessibility is primarily reliant on road networks and bus services with no proximate MRT station, limiting convenience for commuters; proximity to commercial hubs and educational institutions requires individual verification as a mitigating factor.

Risk & Timing

Extended 4-year completion timeline (2028) presents typical development risk exposure; leasehold tenure structure warrants confirmation of lease duration remaining, as this directly impacts long-term asset value and financing eligibility.

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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)
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Project Details

Property Type

Service Residence

Land Tenure

Leasehold

Construction Status

New Launch

Expected Completion

2028

Bumi Discount

Not Available

Why Consider PV 22 Residences?

Based on location data and market analysis

  • Strategic Setapak location with excellent connectivity to KL
  • Affordable entry price at RM373,000 for service residence
  • Strong rental potential in established residential neighbourhood
  • 2028 completion offers property appreciation opportunity for investors
  • Service residence amenities provide passive income through management

Investment Snapshot

Based on verified transaction data for Kuala Lumpur

Est. Monthly Rental

RM1,3001,700

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Airbnb Estimate

RM4,800/mo

RM220/night × 72% occupancy · 15.4% gross yield

See Airbnb guide →

Area Price Trend

+9%

Verified sold prices 2021–2025

Price-to-Income

2.9x income

Lower = more affordable (avg 6.8x)

Estimates based on verified transaction data for similar properties in Kuala Lumpur (2021–2025). Not financial advice.

See full area analysis →

Check subsale transaction history in Setapak

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 1,527/mo

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

52% Principal — RM 335,70048% Interest — RM 305,612

Minimum gross monthly income typically needed

RM 2,545/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 37,300
Stamp duty (MOT + loan)RM 8,139
Legal fees (SPA + loan)RM 8,859
Total upfrontRM 54,297

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 373,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of PV 22 Residences?

PV 22 Residences starts from RM373k. Contact the developer directly on NewProjek for the latest pricing.

Where is PV 22 Residences located?

PV 22 Residences is located in Setapak, Kuala Lumpur, Malaysia.

Who is the developer of PV 22 Residences?

PV 22 Residences is developed by Developer.

What type of property is PV 22 Residences?

PV 22 Residences is a Service Residence development with Leasehold tenure.

What is the construction status of PV 22 Residences?

PV 22 Residences is currently New Launch. Expected completion is 2028.

Berapa harga PV 22 Residences?

PV 22 Residences dijual bermula dari RM373k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

Interested in PV 22 Residences?

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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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