Property Review

Adenia

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM227k+

Tenure

Completion

NewProjek Verdict

  • **Value & Pricing**: RM226,800 entry price is competitive for a residential development in Selangor's mid-range segment, offering accessible affordability; however, without specified tenure details and unit specifications, value assessment remains incomplete for informed comparison with peer projects.
  • **Location & Connectivity**: Project lacks immediate MRT connectivity, which may limit appeal to public transport-dependent buyers; viability depends on proximity to alternative transport links, commercial centers, and employment hubs that are not detailed in available information.
  • **Risk & Timing**: Absence of specified completion date introduces uncertainty regarding delivery timelines and potential cost escalation; buyers should verify development status, progress milestones, and track record with SP Setia before commitment, particularly given the extended property cycles in current market conditions.

NewProjek Score

7

Worth Considering

  • Developer verification status not confirmed
  • Priced below area median — potential value opportunity
Market Price Analysis

Is this project priced fairly?

Developer PriceRM226,800
Selangor MedianRM490,000
Priced 54% below 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

RM700–1,000

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

1.9x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kYes
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

RM9,983/mo

DOSM 2022

Mean Household Income

RM12,233/mo

DOSM 2022

Households Above RM8k

~56%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
Sky Curve

SP Setia

RM180kUnder Construction
TRIO by Setia (Block B)

SP Setia

RM216kUnder Construction
TRIO by Setia (Block A)

SP Setia

RM216kUnder Construction
Why Consider + Risk Factors

Why Consider

  • By SP Setia

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.