Property Review

Andara @ Ara Damansara

Powered by verified data + DOSM

Generated 15 July 2026

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Executive Summary

Developer

Sime Darby Property

Location

Ara Damansara, Selangor

Type

Condominium/Apartment

Price

RM1.8 mil+

Tenure

Freehold

Completion

2020

NewProjek Verdict

  • **Pricing & Value**: RM1.78M entry price positions this project in the upper-mid segment for Selangor condominiums; pricing is competitive for a completed freehold development by an established developer, though rental yield depends on sustained demand in the Ara Damansara market.
  • **Location & Connectivity**: Ara Damansara offers good road accessibility via major highways (LDP, KLIA Expressway) and proximity to commercial/retail amenities, but the absence of MRT connectivity limits public transport options and may affect long-term demand compared to transit-oriented developments.
  • **Risk & Timing**: As a 2020-completed project, execution risk is minimal; however, post-completion market absorption and rental competitiveness in a maturing precinct warrant consideration, and broader economic conditions affecting property liquidity should be monitored for exit planning.

NewProjek Score

7.7

Worth Considering

  • Verified developer with established track record
  • Freehold tenure provides long-term ownership security
  • Priced 262% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,775,888
Selangor MedianRM490,000
Priced 262% above 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

RM5,700–7,700

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

13.8x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milNo
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

Why Consider + Risk Factors

Why Consider

  • Established Ara Damansara neighbourhood with mature amenities and community
  • Freehold tenure provides long-term ownership security and investment value
  • Reputable Sime Darby Property developer ensures quality construction standards
  • Strategic location near major employment hubs and shopping centres
  • Completed 2020 project offers immediate occupancy or rental income

Risk Factors

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • 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.