Property Review

Andara @ Ara Damansara

Powered by verified data + DOSM

Generated 31 May 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

NewProjek Verdict

  • **Value & Pricing**: The RM1.77M+ entry price positions Andara at the mid-to-premium segment for the Klang Valley; comparable freehold condominiums in established suburbs command similar rates, suggesting competitive but not exceptional value, with returns dependent on developer track record and final specifications.
  • **Location & Connectivity**: Ara Damansara offers established residential infrastructure and retail amenities, but the absence of nearby MRT connectivity limits public transport accessibility compared to newer developments along transit corridors, potentially affecting long-term appreciation and tenant appeal.
  • **Risk & Timing**: The unspecified completion timeline introduces execution risk; Sime Darby Property's reputable standing mitigates some concerns, but buyers should clarify delivery schedules, as delayed completions in this price range can impact financing costs and market conditions upon handover.

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • 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

14.8x

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

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

  • Established Ara Damansara neighbourhood with mature amenities and community
  • Reputable Sime Darby Property developer ensures quality and reliability
  • Freehold tenure provides long-term ownership security and value
  • Strategic Selangor location near Klang Valley commercial centres
  • Strong investment potential in sought-after residential area

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.