Property Review

2-storey Terraces house at Setia Alamsari, Bangi-Kajang-Putrajaya

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Kajang, Selangor

Type

Landed House

Price

RM650k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: RM650,000 for a 2-storey terrace in Kajang is competitively positioned for the mid-range landed segment; pricing aligns with regional benchmarks, though value proposition depends on built-up area and finishes relative to comparable projects in the vicinity.
  • **Location & Connectivity**: Setia Alamsari benefits from proximity to the Bangi-Kajang-Putrajaya growth corridor with established road infrastructure; however, the absence of nearby MRT connectivity limits public transport options and may impact long-term appreciation compared to MRT-adjacent locations.
  • **Risk & Timing**: Absence of specified completion date introduces execution and delivery risk; buyers should verify development timeline and builder track record given SP Setia's established reputation, while market timing considerations suggest monitoring interest rate trends and broader property cycle conditions in the Kajang-Putrajaya corridor.

NewProjek Score

6.8

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 18% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM650,000
Selangor MedianRM550,000
Priced 18% above area median

Selangor — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM450,000
2022RM460,000+2.2%
2023RM470,000+2.2%
2024RM480,000+2.1%
2025RM490,000+2.1%
Investment Analysis

Est. Monthly Rental

RM2,100–2,800

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

Verified data 2021–2025

Price-to-Income

5.1x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kStretch
RM7,000RM1.0 milYes
RM10,000RM1.5 milYes
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Selangor

Median Household Income

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Why Consider + Risk Factors

Why Consider

  • Freehold tenure provides long-term ownership security and asset value
  • SP Setia's reputation ensures quality construction and reliable completion
  • Strategic Bangi-Kajang-Putrajaya corridor location with strong growth potential
  • Competitive RM650,000 price point for 2-storey landed property
  • Proximity to commercial hubs and amenities in established area

Risk Factors

  • Under construction — completion delays are possible
  • No MRT/LRT station listed nearby — may affect future demand

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Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.