Property Review

AMANSARA NORTH – ALLURE

Powered by verified data + DOSM

Generated 29 July 2026

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Executive Summary

Developer

SP Setia

Location

Selangor

Type

Residential

Price

RM475k+

Tenure

Completion

NewProjek Verdict

  • **Pricing & Value**: Entry price of RM475,000 positions the project competitively within the mid-range residential segment, though without disclosed completion timeline or tenure details, value assessment remains incomplete and carries information risk for prospective buyers.
  • **Location & Connectivity**: Selangor location offers accessibility to established residential areas, but the absence of nearby MRT connectivity limits appeal to transit-dependent buyers and may constrain long-term capital appreciation relative to developments along major transport corridors.
  • **Risk & Timing**: Missing key project specifications (tenure type, completion date) represents material gaps in due diligence; coupled with SP Setia's mixed track record on delivery timelines, buyers face elevated completion and occupancy risk requiring careful verification before commitment.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Priced in line with area median
Market Price Analysis

Is this project priced fairly?

Developer PriceRM475,000
Selangor MedianRM490,000
Priced 3% 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

RM1,500–2,000

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

3.7x

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

RM10,726/mo

DOSM 2024

Mean Household Income

RM13,296/mo

DOSM 2024

Households Above RM8k

~60%

Estimated for Selangor

Comparable Projects

Similar projects in Selangor

ProjectLocationPrice FromStatus
sejati-residences by Paramount Property

PARAMOUNT VENTURE SDN BHD

Kuala LumpurRM249kVarious
berkeley-uptown by Paramount Property

PARAMOUNT VENTURE SDN BHD

Kuala LumpurRM249kRecently Completed
the-atera by Paramount Property

PARAMOUNT VENTURE SDN BHD

Kuala LumpurRM249kVarious
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.