Property Review

Aderyn, Double-Storey Terrace @ Setia Alamsari, Kajang, Selangor

Powered by NAPIC + DOSM data

Generated 29 April 2026

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Executive Summary

Developer

SP Setia

Location

Kajang, Selangor

Type

Landed House

Price

RM634k+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: RM634,000 entry point is competitive for double-storey terrace houses in Kajang, offering reasonable affordability relative to Selangor market standards, though long-term appreciation depends on broader area development and comparable projects' performance.
  • **Location & Connectivity**: Kajang presents moderate accessibility with established road networks and proximity to commercial hubs, but the absence of nearby MRT connectivity limits transit convenience compared to newer developments along the Klang Valley rail corridor, potentially affecting resale appeal.
  • **Risk & Timing**: Unspecified completion timeline introduces execution and market timing uncertainty; buyers should clarify handover dates and potential delays, while the current economic climate and property oversupply in similar segments warrant careful assessment of market absorption rates before commitment.

NewProjek Score

7.8

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 15% above area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM634,000
Selangor MedianRM550,000
Priced 15% above area median

Selangor — Median Condo Prices (NAPIC)

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

RM2,000–2,700

Based on similar properties in Selangor

Gross Rental Yield

4.0%–5.0%

Annual rental / property price

Area Price Trend

+8.9%

NAPIC data 2021–2025

Price-to-Income

5.3x

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

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
Cassia Residence @ Laman View, CyberjayaCyberjayaRM319kNew Launch
IOI Rio City

IOI Properties

PuchongRM320kUnder Construction
Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, SelangorKlangRM329kCompleted
Why Consider + Risk Factors

Why Consider

  • Established SP Setia developer with strong track record
  • Freehold tenure ensures long-term ownership security
  • Strategic Kajang location with growing commercial development
  • Competitive RM634k price for double-storey terrace house
  • Potential rental income in developed residential 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 NAPIC, 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.