AMARE 2 @ SETIA ALAM, Shah Alam FREEHOLD
Powered by NAPIC + DOSM data
Generated 15 March 2026
Developer
โ
Location
Shah Alam, Selangor
Type
Landed House
Price
RM600k+
Tenure
โ
Completion
โ
NewProjek Verdict
AMARE 2 @ SETIA ALAM presents a competitively priced freehold landed house option in Shah Alam's established Setia Alam township, with an entry point starting at RM600,000, though the absence of MRT connectivity may limit appeal for commuters reliant on public transport. The project lacks critical information regarding tenure clarity, completion timeline, and developer details, which are essential factors for informed investment decisions. Prospective buyers should request comprehensive project specifications and conduct thorough due diligence on accessibility, amenities, and developer track record before commitment.
- โข Developer verification status not confirmed
- โข Priced in line with area median
Is this project priced fairly?
Selangor โ Median Condo Prices (NAPIC)
| Year | Median Price | YoY Change |
|---|---|---|
| 2021 | RM450,000 | โ |
| 2022 | RM460,000 | +2.2% |
| 2023 | RM470,000 | +2.2% |
| 2024 | RM480,000 | +2.1% |
| 2025 | RM490,000 | +2.1% |
Est. Monthly Rental
RM1,900โ2,600
Based on similar properties in Selangor
Gross Rental Yield
4.0%โ5.0%
Annual rental / property price
Area Price Trend
+8.9%
NAPIC data 2021โ2025
Price-to-Income
5.0x
National avg: 6.8x
Loan Eligibility by Salary
| Monthly Salary | Max Affordable | Can Afford? |
|---|---|---|
| RM5,000 | RM704k | โ Yes |
| RM7,000 | RM1.0 mil | โ Yes |
| RM10,000 | RM1.5 mil | โ Yes |
| RM15,000 | RM2.3 mil | โ Yes |
| RM20,000 | RM3.2 mil | โ Yes |
Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin
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
Similar projects in Selangor
| Project | Location | Price From | Status |
|---|---|---|---|
| Cassia Residence @ Laman View, Cyberjaya | Cyberjaya | RM319k | New Launch |
| IOI Rio City IOI Properties | Puchong | RM320k | Under Construction |
| Taman Dato Harun, 1-Storey Terrace @ Pulau Indah, Selangor | Klang | RM329k | New Launch |
โ Why Consider
- โข Located in Shah Alam, Selangor
- โข By Developer
โ ๏ธ Risk Factors
- โข Under construction โ completion delays are possible
- โข No MRT/LRT station listed nearby โ may affect future demand
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.