📊 Property Review

Andara @ Ara Damansara

Powered by NAPIC + DOSM data

Generated 16 April 2026

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Executive Summary

Developer

Sime Darby Property

Location

Ara Damansara, Selangor

Type

Condominium/Apartment

Price

TBA

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: Pricing remains undisclosed (TBA), limiting comparative valuation assessment; however, Sime Darby Property's track record suggests competitive positioning within the mid-to-premium segment for Ara Damansara, though final value proposition cannot be determined until official price range is announced.
  • **Location & Connectivity**: Ara Damansara offers good accessibility via major arterial roads and proximity to commercial/retail hubs, but the absence of nearby MRT connectivity is a significant drawback compared to newer developments in the Klang Valley; reliance on private transport or bus services may impact long-term appeal and rental demand.
  • **Risk & Timing**: Completion timeline is not specified, creating uncertainty for investors regarding cash flow timelines and market cycle positioning; this lack of transparency, combined with an unannounced launch price, suggests the project is in early marketing phases and poses execution risk typical of pre

NewProjek Score

8

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
Market Price Analysis

Is this project priced fairly?

Price comparison data not available for this project.

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

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

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704k✅ Yes
RM7,000RM1.0 mil✅ Yes
RM10,000RM1.5 mil✅ Yes
RM15,000RM2.3 mil✅ Yes
RM20,000RM3.2 mil✅ Yes

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

Why Consider + Risk Factors

✅ Why Consider

  • Located in Ara Damansara, Selangor
  • Freehold title property
  • By Sime Darby Property

⚠️ 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.